Bearish flow noted in XPO Logistics with 1,569 puts trading, or 1.2x expected. Most active are Mar-24 77.5 puts and Mar-24 72.5 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 6.48, while ATM IV is up over 2 points on the day. Earnings are expected on May 2nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on XPO:
- TTEC Holdings names Kenny Wagers as CFO, effective March 1
- XPO, Inc price target raised to $130 from $100 at Oppenheimer
- XPO, Inc downgraded to Underweight from Equal Weight at Morgan Stanley
- A New Cause for Concern: Xpo, Inc. Adds a New Technology Risk
- XPO, Inc price target raised to $125 from $90 at Benchmark