Bearish flow noted in Applied Optoelectronics with 1,534 puts trading, or 1.9x expected. Most active are Jul-24 7 puts and 7/12 weekly 7.5 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 2.56, while ATM IV is up nearly 9 points on the day. Earnings are expected on August 8th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAOI:
- Rosenblatt reveals top technology picks for second half of 2024
- Applied Optoelectronics, Molex settle patent infringement dispute
- Applied Optoelectronics and Molex Reach Settlement
- Short Report: GameStop bearishness recedes further despite stock pullback
- Applied Optoelectronics set to join Russell 3000 Index