Bearish flow noted in Futu Holdings with 15,714 puts trading, or 5x expected. Most active are 3/24 weekly 51 puts and 3/24 weekly 48 puts, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 2.42, while ATM IV is up over 1 point on the day. Earnings are expected on March 28th.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on FUTU:
- Futu Holdings put volume heavy and directionally bearish
- Futu to Report Fourth Quarter and Full Year 2022 Financial Results on March 28, 2023
- Unusually active option classes on open March 1st
- Futu Holdings call volume above normal and directionally bullish
- Unusually active option classes on open February 15th