Bearish flow noted in Coupang with 2,727 puts trading, or 1.3x expected. Most active are Jun-24 12.5 puts and 2/2 weekly 14 calls, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 1.70, while ATM IV is up over 5 points on the day. Earnings are expected on February 27th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CPNG: