Bearish flow noted in Coterra Energy with 1,501 puts trading, or 1.6x expected. Most active are Jun-23 24.5 puts and 7/28 weekly 20 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 1.93, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 2nd.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on CTRA: