Bearish flow noted in Albertsons with 2,099 puts trading, or 1.9x expected. Most active are Apr-24 20 puts and Aug-24 22 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 12.27, while ATM IV is up over 4 points on the day. Earnings are expected on April 9th.
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>>
See today’s best-performing stocks on TipRanks >>
Read More on ACI:
- Roku downgraded, Seagate initiated: Wall Street’s top analyst calls
- Kroger upgraded to Equal Weight from Underweight at Wells Fargo
- M & A News: FTC Tries to Block Kroger’s (NYSE:KR) Merger with Albertsons
- California AG Bonta files lawsuit against Kroger, Albertsons
- Kroger says FTC blocking Alberstons deal to harm consumers, workers