tiprankstipranks
The Fly

Williams put volume heavy and directionally bearish

Williams put volume heavy and directionally bearish

Bearish flow noted in Williams (WMB) with 5,174 puts trading, or 3x expected. Most active are Apr-25 50 puts and 3/14 weekly 53 puts, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 2.13, while ATM IV is up nearly 4 points on the day. Earnings are expected on May 5th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com