tiprankstipranks
Coty put volume heavy and directionally bearish
The Fly

Coty put volume heavy and directionally bearish

Bearish flow noted in Coty with 24,558 puts trading, or 13x expected. Most active are 9/1 weekly 11 puts and Oct-23 11 puts, with total volume in those strikes near 17,700 contracts. The Put/Call Ratio is 5.67, while ATM IV is up nearly 4 points on the day. Earnings are expected on August 22nd.

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 the top stocks recommended by analysts >>

Read More on COTY:

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