Bearish flow noted in Electronic Arts with 2,949 puts trading, or 1.5x expected. Most active are 3/28 weekly 131 puts and Feb-24 140 calls, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 1.70, while ATM IV is up over 1 point on the day. Earnings are expected on May 7th.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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 EA:
- Electronic Arts participates in a conference call with Benchmark
- U.K. game sales declined 3% year-over-year in January, GI.biz reports
- U.S. game spending rose to $57.2B in 2023, says ESA and Circana
- What You Missed This Week in Video Games
- Electronic Arts price target lowered to $160 from $165 at Baird