tiprankstipranks

Crexendo Inc put volume heavy and directionally bearish

Crexendo Inc put volume heavy and directionally bearish

Bearish flow noted in Crexendo Inc with 2,642 puts trading, or 7x expected. Most active are Oct-24 72.5 puts and Oct-24 77.5 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 31.45, while ATM IV is up nearly 3 points on the day. Earnings are expected on October 29th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue