Bearish flow noted in Carrier Global with 2,694 puts trading, or 1.5x expected. Most active are Dec-23 52.5 puts and Jan-24 55 calls, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 7.32, while ATM IV is up over 1 point on the day. Earnings are expected on February 6th.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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 Insiders’ Hot Stocks on TipRanks >>
Read More on CARR:
- Carrier Global price target raised by $4 at Citi, here’s why
- Honeywell price target lowered to $250 from $265 at BofA
- Early notable gainers among liquid option names on December 8th
- M & A News: Honeywell Snaps Up Carrier’s Global Access Solutions Business for $4.95B
- Honeywell to Strengthen Building Automation Business with Acquisition of Carrier’s Global Access Solutions