Bearish flow noted in Dow Chemical with 7,789 puts trading, or 2x expected. Most active are 10/25 weekly 51 puts and Nov-24 50 puts, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 2.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 24th.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOW:
- Dow Inc. price target lowered to $55 from $57 at RBC Capital
- Dow Inc. price target lowered to $55 from $60 at JPMorgan
- Dow Inc. price target lowered to $53 from $57 at Deutsche Bank
- Moderna, Dow slide after offering sales outlooks: Morning Buzz
- Dow Inc. Discusses Forecasts at Morgan Stanley Conference