Bearish flow noted in CSX (CSX) with 5,482 puts trading, or 6x expected. Most active are Oct-25 34 puts and Jun-27 32.5 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.06, while ATM IV is up nearly 3 points on the day. Earnings are expected on October 16th.
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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CSX:
- CSX’s Strategic Leadership Shift and Infrastructure Advancements Drive Buy Rating
- CSX price target raised to $41 from $40 at BofA
- Morning Wrap-Up: Monday’s Biggest Stock Market Stories!
- Ancora ‘applauds’ CSX board for terminating CEO Joe Hinrichs
- EA acquired in go-private deal for $55B, Carnival reports Q3 beat: Morning Buzz