Sony Group (SONY) is observing a notable increase in bearish sentiment as evidenced by heightened put option trading. A total of 1,959 put contracts have been exchanged, nearly doubling the typical volume with activity reaching 1.8 times the expected level. Among these, the June 2025 $20 puts and the July 2025 $22.5 puts are seeing the most action, collectively accounting for around 580 contracts.
The current Put/Call Ratio is at 2.25, indicating a stronger inclination towards put options relative to calls. Additionally, the at-the-money implied volatility (ATM IV) has surged by nearly 7 points within the day, suggesting growing anticipation of future stock price fluctuations. Investors are eyeing the upcoming earnings announcement scheduled for May 14th, which could potentially influence market sentiment and trading strategies further.
