Bearish flow noted in Illumina with 2,152 puts trading, or 1.8x expected. Most active are Jul-23 167.5 puts and Jul-23 195 calls, with total volume in those strikes near 980 contracts. The Put/Call Ratio is 1.71, while ATM IV is up over 1 point on the day. Earnings are expected on August 10th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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 ILMN:
- Illumina Fined $475 Million in Europe Over Grail Acquisition
- Illumina, GRAIL fined by EU for implementing deal without approval
- Illumina to receive record EU fine related to Grail Inc. merger, Bloomberg says
- Citi opens ‘negative catalyst watch’ on Illumina into earnings
- Illumina Stock (NASDAQ:ILMN): Regulators Come Knocking on the Door