Bearish flow noted in Corebridge Financial with 3,170 puts trading, or 1.2x expected. Most active are May-24 30 puts and Jul-24 27 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 13.10, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 2nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRBG:
- Corebridge reports Q1 adjusted EPS $1.10, consensus $1.05
- CRBG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Corebridge Financial put volume heavy and directionally bearish
- Corebridge Financial Board Member Change in Accordance with AIG Agreement
- Largest borrow rate increases among liquid names