Bearish flow noted in Upwork with 2,061 puts trading, or 5x expected. Most active are Oct-24 7.5 puts and Apr-24 12.5 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 79.27, while ATM IV is up over 1 point on the day. Earnings are expected on May 1st.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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 UPWK: