Bearish flow noted in AIG with 1,634 puts trading, or 4x expected. Most active are 4/26 weekly 75 puts and 4/26 weekly 74 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 10.21, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 2nd.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>