Bearish flow noted in Zillow with 4,408 puts trading, or 2.0x expected. Most active are 9/22 weekly 46.5 puts and Jun-24 45 calls, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 2.40, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 1st.
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:
- Jefferies tech/communications analyst holds analyst/industry conference call
- Zillow Home Loans offers a 1% down payment option
- NYC’s short-term rental regulations may hurt companies like Airbnb, WSJ says
- Zillow call volume above normal and directionally bullish
- Zillow Group price target raised to $65 from $60 at Citi