Bearish flow noted in Icahn Enterprises with 4,350 puts trading, or 1.5x expected. Most active are 9/13 weekly 11.5 puts and Dec-24 15 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.70, while ATM IV is up over 2 points on the day. Earnings are expected on November 1st.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IEP:
- Icahn Enterprises put volume heavy and directionally bearish
- Icahn Enterprises Declines 12% on Stock Sale Plans
- Icahn Enterprises lower after entering open market sale agreement with Jefferies
- Icahn Enterprises call volume above normal and directionally bullish
- Largest borrow rate increases among liquid names