Bearish flow noted in Frontier Communications (FYBR) with 4,834 puts trading, or 1.1x expected. Most active are Jan-25 35 puts and Dec-24 35 calls, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 6.32, while ATM IV is up over 1 point on the day.
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Read More on FYBR:
- Jana adds Lamb Weston during Q3, exits BlackLine
- M&A News: Verizon (NYSE:VZ) Is One Step Closer to Buying Frontier
- Frontier stockholders approve acquisition by Verizon
- Frontier says it disagrees with ISS, Glass Lewis recommendations
- Frontier Communications Reports Q3 2024 Financial Results
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
