Bearish flow noted in United Microelectronics with 2,476 puts trading, or 2x expected. Most active are Feb-24 8 puts and Jan-25 10 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 56.27, while ATM IV is up over 6 points on the day. Earnings are expected on January 31st.
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 today’s best-performing stocks on TipRanks >>
Read More on UMC: