Bearish flow noted in Dynatrace with 4,090 puts trading, or 7x expected. Most active are Jul-23 50 puts and Aug-23 55 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 10.79, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 2nd.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on DT:
- DDOG vs. DT: Which Cloud Stock is Better?
- Dynatrace (DT) Q4 Earnings Cheat Sheet
- Cantor Fitzgerald software analysts to hold an analyst/industry conference call
Questions or Comments about the article? Write to editor@tipranks.com