tiprankstipranks
Vertex put volume heavy and directionally bearish
The Fly

Vertex put volume heavy and directionally bearish

Bearish flow noted in Vertex with 2,162 puts trading, or 1.4x expected. Most active are Feb-24 425 puts and 2/2 weekly 410 puts, with total volume in those strikes near 800 contracts. The Put/Call Ratio is 2.08, while ATM IV is up over 1 point on the day. Earnings are expected on February 5th.

Pick the best stocks and maximize your portfolio:

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 VRTX:

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App