Bearish flow noted in DocuSign with 2,420 puts trading, or 2x expected. Most active are Jul-24 55 puts and Jul-24 60 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 2.57, while ATM IV is up over 1 point on the day. Earnings are expected on September 5th.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOCU: