Bearish flow noted in GSK Pharma with 1,414 puts trading, or 1.9x expected. Most active are Sep-24 40.5 puts and 8/30 weekly 34.5 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.05, while ATM IV is up over 1 point on the day. Earnings are expected on October 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 GSK: