tiprankstipranks
Zions Bancorp put volume heavy and directionally bearish
The Fly

Zions Bancorp put volume heavy and directionally bearish

Bearish flow noted in Zions Bancorp with 3,743 puts trading, or 3x expected. Most active are Jan-24 25 puts and 1/12 weekly 40 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 3.49, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 22nd.

Don't Miss our Black Friday Offers:

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 ZION:

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