Bearish flow noted in Pinterest (PINS) with 9,424 puts trading, or 3x expected. Most active are Oct-25 31.5 puts and 10/3 weekly 31.5 puts, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 3.48, while ATM IV is up over 1 point on the day. Earnings are expected on November 6th.
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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PINS: