Bearish flow noted in Corebridge Financial with 2,817 puts trading, or 1.3x expected. Most active are Aug-24 30 puts and Jul-24 30 puts, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 141, while ATM IV is up over 1 point on the day. Earnings are expected on August 2nd.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRBG:
- Corebridge Financial call volume above normal and directionally bullish
- Corebridge price target raised to $34 from $26 at JPMorgan
- Corebridge Financial put volume heavy and directionally bearish
- Corebridge price target raised to $40 from $35 at Jefferies
- AIG price target raised to $84 from $82 at BofA