Bearish flow noted in Teva with 13,744 puts trading, or 1.8x expected. Most active are Nov-23 7 puts and Nov-23 8 puts, with total volume in those strikes near 12,600 contracts. The Put/Call Ratio is 2.88, while ATM IV is up over 1 point on the day. Earnings are expected on November 8th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TEVA: