Bearish flow noted in Workday with 4,097 puts trading, or 8x expected. Most active are 8/30 weekly 200 puts and Aug-24 210 puts, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 18.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 22nd.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WDAY:
- Workday, Salesforce partnership makes strategic sense, says Baird
- Salesforce, Workday announce plans for new AI employee service agent
- Workday price target lowered to $262 from $280 at Piper Sandler
- Amazon expands partnership with Workday to increase productivity
- Workday Announces Board Changes and Audit Committee Update