Shell PLC put volume heavy and directionally bearish
The Fly

Shell PLC put volume heavy and directionally bearish

Bearish flow noted in Shell PLC with 6,809 puts trading, or 3x expected. Most active are Apr-23 52.5 puts and Apr-23 55 calls, with total volume in those strikes near 4,600 contracts. The Put/Call Ratio is 2.20, while ATM IV is up nearly 4 points on the day. Earnings are expected on May 4th.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on SHEL:

Related Articles
GlobeNewswireTransaction in Own Shares
GlobeNewswireTransaction in Own Shares
GlobeNewswireTransaction in Own Shares
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App