Bearish flow noted in New Oriental Education with 5,579 puts trading, or 18x expected. Most active are Jan-23 22.5 puts and 12/30 weekly 32 calls, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 2.23, while ATM IV is up nearly 7 points on the day. Earnings are expected on January 17th.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on EDU:
