Bearish flow noted in Array Technologies with 2,267 puts trading, or 1.5x expected. Most active are Apr-24 10 puts and Jan-25 25 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.44, while ATM IV is up over 4 points on the day. Earnings are expected on May 7th.
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>>
Read More on ARRY:
- Array Technologies Names James Zhu New Chief Accounting Officer
- Best Buy upgraded, Nike downgraded: Wall Street’s top analyst calls
- Array Technologies initiated with a Market Perform at BMO Capital
- Lyft upgraded, Philip Morris downgraded: Wall Street’s top analyst calls
- Array Technologies initiated with a Sector Weight at KeyBanc