Bearish flow noted in Corebridge Financial with 1,542 puts trading, or 1.1x expected. Most active are May-24 30 puts and Jul-24 25 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 14.83, while ATM IV is up over 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 Financial put volume heavy and directionally bearish
- Corebridge price target raised to $35 from $34 at Piper Sandler
- Corebridge reports Q1 adjusted EPS $1.10, consensus $1.05
- CRBG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Corebridge Financial Board Member Change in Accordance with AIG Agreement