tiprankstipranks
Mondelez put volume heavy and directionally bearish
The Fly

Mondelez put volume heavy and directionally bearish

Bearish flow noted in Mondelez with 5,718 puts trading, or 16x expected. Most active are Oct-23 62 puts and Dec-23 62.5 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 2.28, while ATM IV is up over 9 points on the day. Earnings are expected on October 31st.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on MDLZ:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App