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 6,266 puts trading, or 1.8x expected. Most active are Sep-24 4 puts and Aug-24 5 puts, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 10.44, while ATM IV is up over 2 points on the day. Earnings are expected on August 27th.

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