Bearish flow noted in Samsara with 1,684 puts trading, or 1.2x expected. Most active are 8/9 weekly 36 puts and 7/26 weekly 38 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 2.83, while ATM IV is up nearly 2 points on the day. Earnings are expected on September 5th.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IOT:
- Samsara CEO sells $3.34M in common stock
- Samsara’s margin expansion remains focus for management, says Loop Capital
- Piper ‘incrementally more positive’ on Samsara after investor day
- Samsara call volume above normal and directionally bullish
- Spirit Aero downgraded, Skyworks upgraded: Wall Street’s top analyst calls