Bearish flow noted in Vertiv Holdings with 5,485 puts trading, or 1.1x expected. Most active are 11/24 weekly 41 puts and 11/24 weekly 44.5 calls, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 4.88, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 21st.
Don't Miss Our Christmas Offers:
- 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 VRT:
- Vertiv Holdings price target raised to $52 from $45 at BofA
- Netflix, Sealed Air among stocks added to BofA’s US 1 List
- Starboard Value buys Bloomin’ Brands, exits Splunk in Q3
- Vertiv Holdings call volume above normal and directionally bullish
- TipRanks’ ‘Perfect 10’ List: These 2 Top-Rated Industrial Stocks Have What It Takes to Surge