Bearish flow noted in MicroStrategy with 2,711 puts trading, or 1.0x expected. Most active are 12/23 weekly 155 puts and 12/23 weekly 150 puts, with total volume in those strikes near 620 contracts. The Put/Call Ratio is 3.86, while ATM IV is up over 1 point on the day. Earnings are expected on January 31st.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 MSTR: