Prospect Capital put volume heavy and directionally bearish
The Fly

Prospect Capital put volume heavy and directionally bearish

Bearish flow noted in Prospect Capital with 29,309 puts trading, or 14x expected. Most active are Mar-24 5 puts and Feb-24 6 puts, with total volume in those strikes near 27,000 contracts. The Put/Call Ratio is 9.18, while ATM IV is up over 8 points on the day. Earnings are expected on May 9th.

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