tiprankstipranks
Colgate Palmolive put volume heavy and directionally bearish
The Fly

Colgate Palmolive put volume heavy and directionally bearish

Bearish flow noted in Colgate Palmolive with 7,163 puts trading, or 3x expected. Most active are Nov-23 60 puts and Jan-24 60 puts, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 10.47, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 27th.

Don't Miss our Black Friday Offers:

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 CL:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App