Bearish flow noted in JetBlue (JBLU) with 5,311 puts trading, or 2x expected. Most active are Jan-26 3.5 puts and 12/13 weekly 7 calls, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 1.66, while ATM IV is up nearly 6 points on the day. Earnings are expected on January 28th.
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 JBLU:
- JetBlue (NASDAQ:JBLU) Cuts Routes to Boost Profitability
- JetBlue call volume above normal and directionally bullish
- Unusually active option classes on open December 4th
- Morning Movers: Salesforce jumps after Q3, Foot Locker sinks after guidance cut
- JetBlue Airways Optimistic About 2024 Financial Outlook