Put Buying Activity in UPS (UPS) Targets 11% Downside Through Earnings Announcement Tomorrow BMO -Susquehanna
Get Alerts UPS Hot Sheet
Price: $108.14 -1.07%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 6.6%
EPS Growth %: +7.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 6.6%
EPS Growth %: +7.1%
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Susquehanna options strategist Alison Edwards notes put buying activity in UPS (NYSE: UPS) ahead of tomorrow’s earnings report, as investors purchased 7k May 160 Puts, capturing exposure to ~11% downside at 5/21 expiration.
UPS earnings volatility may be viewed as somewhat “cheap” with the implied move of ~4.5% vs. 4Q/8Q avg moves of +/- 8.0%/7.2%.
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