Bearish flow noted in Lincoln National with 14,060 puts trading, or 7x expected. Most active are May-23 17.5 puts and May-23 20 puts, with total volume in those strikes near 11,900 contracts. The Put/Call Ratio is 14.68, while ATM IV is up over 2 points on the day. Earnings are expected on May 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
See Insiders’ Hot Stocks on TipRanks >>
Read More on LNC:
- Jackson Financial price target raised to $55 from $46 at Jefferies
- Lincoln National reports Q4 book value per share at $18.41
- Lincoln National reports Q4 operating EPS 97c, consensus $1.80
- Lincoln National names Christopher Neczypor CFO
- Lincoln National options imply 7.7% move in share price post-earnings