Bearish flow noted in Silvergate Capital Corp with 11,551 puts trading, or 1.6x expected. Most active are Feb-23 12.5 puts and Dec-22 33.5 calls, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 1.81, while ATM IV is up over 2 points on the day. Earnings are expected on January 17th.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on SI:
- Silvergate Capital provides statement on FTX exposure
- Silvergate Capital Corp put volume heavy and directionally bearish
- Here’s What You Missed in Crypto This Week
- Silvergate Capital price target lowered to $25 from $50 at Wells Fargo
- Silvergate Capital cut to Neutral at BofA on lower stablecoin expectations