Bearish flow noted in US Bancorp with 4,916 puts trading, or 3x expected. Most active are 9/29 weekly 35 puts and Sep-23 34.5 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 3.13, while ATM IV is up over 3 points on the day. Earnings are expected on October 18th.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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 the top stocks recommended by analysts >>
Read More on USB: