Bearish flow noted in JetBlue with 14,509 puts trading, or 11x expected. Most active are Aug-24 5 puts and Aug-24 5.5 calls, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 1.95, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 29th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBLU:
- JetBlue Announces Proposed Senior Secured Loyalty Notes Offering and Senior Secured Loyalty Term Loan
- JetBlue Announces $400 Million Convertible Senior Notes Offering
- Expedia beats, Paramount cuts staff: Friday Buzz
- Expedia reports Q2 beat, Paramount to cut staff: Morning Buzz
- JetBlue in talks to sell high-yield bonds yielding 9.5%-10%, Bloomberg reports