Bearish flow noted in Mobileye with 12,546 puts trading, or 9x expected. Most active are 8/2 weekly 20 puts and 7/26 weekly 21.5 puts, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 2.74, while ATM IV is up nearly 11 points on the day. Earnings are expected on August 1st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MBLY:
Questions or Comments about the article? Write to editor@tipranks.com