Bearish flow noted in Viatris with 2,607 puts trading, or 1.6x expected. Most active are Feb-23 11.5 puts and Jan-24 12 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 1.76, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 27th.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on VTRS:
- Viatris call volume above normal and directionally bullish
- Viatris Closes Acquisitions of Oyster Point Pharma and Famy Life Sciences, Establishing New Viatris Eye Care Division
- Viatris put volume heavy and directionally bearish
- Viatris says emissions reduction targets approved by SBTi
- Calliditas Therapeutics enters exclusive Nefecon license agreement with Viatris