tiprankstipranks
Stem Inc put volume heavy and directionally bearish
The Fly

Stem Inc put volume heavy and directionally bearish

Bearish flow noted in Stem Inc with 2,646 puts trading, or 3x expected. Most active are Jan-24 5 puts and Dec-23 7.5 calls, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 1.89, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 2nd.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on STEM:

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