Bearish flow noted in XP Inc with 2,077 puts trading, or 3x expected. Most active are Feb-25 10 puts and May-25 14 calls, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 2.59, while ATM IV is up nearly 15 points on the day. Earnings are expected on February 25th.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XP:
- XP Inc call volume above normal and directionally bullish
- Santander Brasil, XP show interest Julius Baer unit, Bloomberg says
- XP Inc. downgraded to Neutral at BofA amid Brazil financial rating changes
- XP Inc. downgraded to Neutral from Buy at BofA
- XP Inc. price target lowered to $21 from $24 at Morgan Stanley
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
