Adient (ADNT) Reports Prelim. 1Q19 Revenue Results Above Consensus

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Bearish Options Activity in Adient (ADNT) Targets Downside in Shares Into Earnings Announcement on Feb. 7th -Susquehanna

January 18, 2019 3:00 PM EST

Susquehanna options strategist Alison Edwards notes bearish options positioning in Adient (NYSE: ADNT), as an opening investor in bought 3k Mar 18 Puts for $1.65. Investor expresses bearish sentiment and suggests shares have an increased probability to trade below $18 (-3.8%). The company reports earnings on 2/7.

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