Bearish flow noted in Infosys with 3,746 puts trading, or 2x expected. Most active are Feb-24 20 puts and Apr-24 22 calls, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 6.68, while ATM IV is up over 1 point on the day. Earnings are expected on April 18th.
Don't Miss our Black Friday 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>>
See the top stocks recommended by analysts >>
Read More on INFY: