Bearish flow noted in Eaton with 1,194 puts trading, or 1.4x expected. Most active are Jul-24 310 puts and Jun-24 320 puts, with total volume in those strikes near 990 contracts. The Put/Call Ratio is 2.26, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 30th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- 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 ETN: