Bearish flow noted in TakeTwo Interactive Software with 6,267 puts trading, or 4x expected. Most active are 1/12 weekly 146 puts and 1/12 weekly 145 puts, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 3.31, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 8th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- 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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TTWO: