Bearish flow noted in Stellantis NV with 2,321 puts trading, or 1.8x expected. Most active are Jan-25 20 puts and Jan-26 20 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 3.00, while ATM IV is up over 1 point on the day. Earnings are expected on July 25th.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on STLA:
- Stellantis’ (NYSE:STLA) EV Plan Shakeup Sends Shares Plummeting
- Weekly Report (June 7-13, 2024) Second Tranche of Stellantis 2024 Share Buyback Program
- Stellantis NV put volume heavy and directionally bearish
- Stellantis may shift production of some EV models to Europe, Bloomberg says
- 3 Best Stocks to Buy Now, 6/14/2024, According to Top Analysts