Bearish flow noted in First Horizon with 8,399 puts trading, or 2x expected. Most active are Mar-23 20 puts and Dec-23 22 calls, with total volume in those strikes near 8,300 contracts. The Put/Call Ratio is 10.43, while ATM IV is up over 27 points on the day. Earnings are expected on April 19th.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on FHN:
- TD price negotiation on First Horizon ‘not off table,’ say Jefferies
- TD upgraded to Outperform after ‘excessive’ selloff at Scotiabank
- TD Bank, First Horizon continuing to engage with regulators on applications
- First Horizon, TD extend outside date for pending merger
- First Horizon Declares Cash Dividends on Common and Preferred Stock
