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Fly News Breaks for August 2, 2019
VAL
Aug 2, 2019 | 10:54 EDT
Fearnley analyst Truls Olsen downgraded Valaris to Hold from Buy and lowered his price target on the shares to $21 from $31.
News For VAL From the Last 2 Days
VAL
Sep 20, 2019 | 11:35 EDT
Bearish flow noted in Valaris Plc with 4,283 puts trading, or 4x expected. Most active are Sep-19 7 puts and Oct-19 6 puts, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 17.06, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 30th.