Bearish flow noted in XP Inc with 8,205 puts trading, or 20x expected. Most active are Oct-24 17 puts and Oct-24 19.5 calls, with total volume in those strikes near 8,200 contracts. The Put/Call Ratio is 17.57, while ATM IV is up over 5 points on the day. Earnings are expected on November 11th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XP: