Bearish flow noted in Coterra Energy with 4,228 puts trading, or 4x expected. Most active are Jun-25 25 puts and Aug-24 27 calls, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 4.16, while ATM IV is up nearly 4 points on the day. Earnings are expected on August 1st.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTRA:
- Oil stocks are the antidote to Nvidia, rest of Big Tech, Barron’s says
- Coterra Energy reinstated with a Buy at BofA
- Coterra Energy CEO: We have an organization built for nimbleness
- Citi explores who Devon may buy following Marathon Oil takeout
- Coterra Energy price target raised to $30 from $29 at Morgan Stanley