The Fly

T Mobile put volume heavy and directionally bearish

Bearish flow noted in T Mobile with 13,989 puts trading, or 2.0x expected. Most active are Feb-23 135 puts and Feb-23 120 puts, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 1.84, while ATM IV is up over 1 point on the day. Earnings are expected on April 27th.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on TMUS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More