Spirit AeroSystems put volume heavy and directionally bearish
The Fly

Spirit AeroSystems put volume heavy and directionally bearish

Bearish flow noted in Spirit AeroSystems with 5,842 puts trading, or 5x expected. Most active are Apr-24 21 puts and 4/5 weekly 32 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 13.71, while ATM IV is up over 4 points on the day. Earnings are expected on May 1st.

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 SPR:

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