Bearish flow noted in Pure Storage with 11,180 puts trading, or 18x expected. Most active are Mar-24 40 puts and Mar-24 41 puts, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 3.56, while ATM IV is up over 4 points on the day. Earnings are expected on February 28th.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on PSTG: