Bearish flow noted in Zillow with 1,792 puts trading, or 2x expected. Most active are 6/30 weekly 49.5 puts and Jul-23 45 puts, with total volume in those strikes near 940 contracts. The Put/Call Ratio is 1.67, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 3rd.
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>>
See the top stocks recommended by analysts >>
Read More on Z: