Bearish flow noted in Target Hospitality Corp with 5,176 puts trading, or 13x expected. Most active are Nov-23 11 puts and Jan-24 14 calls, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 2.46, while ATM IV is up over 10 points on the day. Earnings are expected on November 8th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on TH:
- Target Hospitality Corp call volume above normal and directionally bullish
- 3 Best Stocks to Buy Now, 10/4/2023, According to Top Analysts
- Target Hospitality Corp put volume heavy and directionally bearish
- Target Hospitality price target raised to $18 from $17 at Oppenheimer
- 3 Best Stocks to Buy Now, 9/18/2023, According to Top Analysts