Bearish flow noted in Aspen Aerogels (ASPN) with 1,633 puts trading, or 4x expected. Most active are Dec-24 14 puts and 12/6 weekly 15 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 4.16, while ATM IV is up nearly 6 points on the day. Earnings are expected on February 10th.
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Read More on ASPN:
- Aspen Aerogels price target lowered to $32 from $38 at Seaport Research
- Aspen Aerogels price target lowered to $25 from $27 at Barclays
- Aspen Aerogels price target lowered to $31 from $36 at Roth MKM
- Aspen Aerogels price target lowered to $30 from $41 at TD Cowen
- Aspen Aerogels price target lowered to $28 from $33 at Canaccord
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
