Bearish flow noted in ZIM Integrated Shipping Services with 5,887 puts trading, or 1.6x expected. Most active are Apr-23 19 puts and 5/12 weekly 18 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 2.26, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 17th.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ZIM:
