Options bears are circling three stocks today, with Aemetis Inc (NASDAQ:AMTX), Acadia Pharmaceuticals Inc (NASDAQ:ACAD), and Resideo Technologies Inc (NYSE:REZI) all seeing puts handily outpace calls. The bearish activity comes amid mixed price action for the trio, with AMTX notably bucking the trend with a sharp gain.
AMTX shares are up 8.4% today, though options traders are taking a much more bearish stance. So far, 6,567 puts have crossed the tape compared to 1,605 calls, resulting in a put/call volume ratio of 4.1.
ACAD stock is down 1.7% today, with 6,076 puts and 1,436 calls exchanged. This puts the equity's put/call volume ratio at 4.2.
REZI is hovering just below breakeven, last seen down 0.2%. Options traders are firmly put-biased, with 5,799 puts exchanged compared to just 299 calls, for a lofty put/call volume ratio of 19.4.
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