Bearish flow noted in PG&E with 9,171 puts trading, or 2x expected. Most active are Sep-23 16 puts and Mar-24 13 puts, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 5.23, while ATM IV is up over 1 point on the day. Earnings are expected on November 2nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on PCG: