Bearish flow noted in Plains GP Holdings with 2,421 puts trading, or 17x expected. Most active are Nov-23 15 puts and Aug-23 15 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 11.16, while ATM IV is up over 1 point on the day. Earnings are expected on August 2nd.
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 PAGP: