Amex Put Volume Heavily Favors Bears

TipRanks has analyzed American Express (no ticker provided) and found that its put volume is heavy and directionally bearish. This means that investors are selling puts, which are a type of option contract that gives the buyer the right to sell an underlying asset at a specified price before a certain date.

TipRanks' Smart Score performance is based on backtested results, which have inherent limitations. Backtested performance does not reflect actual trading or the effect of material economic and market factors on the decision-making process.