Bearish flow noted in Southwestern Energy with 2,616 puts trading, or 2x expected. Most active are Jun-23 5 puts and Jun-23 5.5 calls, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 14.06, while ATM IV is up over 2 points on the day. Earnings are expected on August 3rd.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on SWN:
- Southwestern Energy sees Q2 total production 408-420 Bcfe
- Southwestern Energy reports Q1 adjusted EPS 31c, consensus 25c
- Southwestern Energy options imply 3.4% move in share price post-earnings
- SWN Earnings this Week: How Will it Perform?
- Southwestern Energy price target lowered to $7 from $7.50 at Susquehanna