Bearish flow noted in Coty with 11,441 puts trading, or 10x expected. Most active are Oct-23 11 puts and Feb-24 11 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 1.99, while ATM IV is up over 1 point on the day. Earnings are expected on August 22nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on COTY:
- Options Volatility and Implied Earnings Moves Today, August 22, 2023
- Options Volatility and Implied Earnings Moves This Week, August 21 – August 24, 2023
- COTY Upcoming Earnings Report: What to Expect?
- Coty put volume heavy and directionally bearish
- Coty renews long-term license agreement with Adidas
