Bearish flow noted in JetBlue with 23,743 puts trading, or 14x expected. Most active are 8/25 weekly 7.5 puts and 8/4 weekly 8.5 calls, with total volume in those strikes near 21,000 contracts. The Put/Call Ratio is 2.33, while ATM IV is up nearly 3 points on the day. Earnings are expected on August 1st.
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 the top stocks recommended by analysts >>
Read More on JBLU: