Bearish flow noted in DigitalBridge Group with 1,014 puts trading, or 4x expected. Most active are Jun-23 15 puts and Jan-24 15 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 40.56, while ATM IV is up over 6 points on the day. Earnings are expected on May 3rd.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on DBRG:
- DigitalBridge Group call volume above normal and directionally bullish
- BrightSpire downgraded to Hold at JonesResearch after secondary offering
- DigitalBridge price target lowered to $32 from $36 at B. Riley
- DigitalBridge price target lowered to $20 from $27 at Cowen
- DigitalBridge reports Q4 distributable EPS (7c), consensus (33c)