Bearish flow noted in Hostess Brands with 1,703 puts trading, or 5x expected. Most active are Oct-23 25 puts and Oct-23 29 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.97, while ATM IV is up over 1 point on the day. Earnings are expected on November 1st.
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 TWNK:
- CVS upgraded, RTX downgraded: Wall Street’s top analyst calls
- J.M. Smucker price target lowered to $137 from $153 at JPMorgan
- Hostess Brands downgraded to Equal Weight from Overweight at Stephens
- Hostess Brands downgraded to Equal Weight from Overweight at Consumer Edge
- J.M. Smucker price target lowered to $135 from $157 at Deutsche Bank
