Bearish flow noted in Hess Corp. with 1,368 puts trading, or 1.0x expected. Most active are May-24 130 puts and May-24 110 puts, with total volume in those strikes near 980 contracts. The Put/Call Ratio is 3.07, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.
Don't Miss Our Christmas Offers:
- 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 HES: