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 2,020 puts trading, or 1.2x expected. Most active are Jun-24 5 puts and May-24 6 calls, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 39.61, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 9th.

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 PSEC:

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