Bearish flow noted in Harley Davidson with 1,314 puts trading, or 1.4x expected. Most active are Feb-23 50 puts and Mar-23 49 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 4.39, while ATM IV is up over 1 point on the day. Earnings are expected on April 20th.
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
See today’s best-performing stocks on TipRanks >>
Read More on HOG:
- Sonic Automotive acquires Black Hills Harley-Davidson, terms not disclosed
- Harley-Davidson price target raised to $48 from $43 at Morgan Stanley
- Harley-Davidson price target raised to $47 from $44 at DA Davidson
- Harley-Davidson price target raised to $56 from $48 at Baird
- Harley-Davidson says ‘comfortable’ with inventory, demand signals