Bearish flow noted in Dow Chemical with 8,556 puts trading, or 1.2x expected. Most active are 1/3 weekly 39 puts and Mar-25 40 puts, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 3.21, while ATM IV is up over 1 point on the day. Earnings are expected on January 30th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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 DOW:
- Dow Inc. price target lowered to $44 from $55 at RBC Capital
- Innventure, Dow to collaborate on waste-to-value platform
- Dow Inc. price target lowered to $41 from $51 at Citi
- Evercore says Dow Inc. ‘on the brink of better,’ upgrades to Outperform
- Dow Inc. upgraded to Outperform from In Line at Evercore ISI
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.