Bearish flow noted in Frontline with 1,164 puts trading, or 1.2x expected. Most active are Jan-24 23 puts and Jan-24 21 calls, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 1.92, while ATM IV is up over 1 point on the day. Earnings are expected on February 29th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on FRO: