Bearish flow noted in Hawaiian Electric with 5,198 puts trading, or 7x expected. Most active are Jun-24 10 puts and Jan-24 12.5 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 3.25, while ATM IV is up over 1 point on the day. Earnings are expected on February 13th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on HE:
- Ameresco selected for Hawaiian Electric’s clean energy procurement initiative
- Hawaiian Electric put volume heavy and directionally bearish
- Hawaiian Electric drops after pulling guidance, delaying quarterly filing
- Hawaiian Electric price target lowered to $7 from $11 at Evercore ISI
- Plug Power downgraded, Arm initiated: Wall Street’s top analyst calls