Deutsche Bank AG (USA) Just Recorded A Sigfniciant Bearish Options Activity

 Deutsche Bank AG (USA) Just Recorded A Sigfniciant Bearish Options Activity

In today’s session Deutsche Bank AG (USA) (DB) recorded an unusually high (204) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2019 put, expecting serious DB decrease. With 204 contracts traded and 1814 open interest for the Jan, 19 contract, it seems this is a quite bearish bet. The option with symbol: DB190118P00015000 closed last at: $5.1 or 26.1% down. The stock increased 2.70% or $0.35 during the last trading session, hitting $13.33. About 25.10 million shares traded hands or 131.76% up from the average. Deutsche Bank AG (USA) (NYSE:DB) has declined 27.53% since March 1, 2016 and is downtrending. It has underperformed by 36.77% the S&P500.

Analysts await Deutsche Bank AG (USA) (NYSE:DB) to report earnings on November, 3.

Deutsche Bank AG (USA) (NYSE:DB) Ratings Coverage

Out of 11 analysts covering Deutsche Bank AG (NYSE:DB), 2 rate it a “Buy”, 5 “Sell”, while 4 “Hold”. This means 18% are positive. Deutsche Bank AG has been the topic of 13 analyst reports since September 17, 2015 according to StockzIntelligence Inc. The firm has “Neutral” rating given on Wednesday, October 28 by JP Morgan. The rating was downgraded by Citigroup to “Neutral” on Friday, November 13. The company was downgraded on Thursday, June 9 by Barclays Capital. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Overweight” rating given on Thursday, January 7 by Barclays Capital. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Underperform” rating given on Friday, April 29 by Keefe Bruyette & Woods. Nomura upgraded the shares of DB in a report on Thursday, September 17 to “Buy” rating. The stock of Deutsche Bank AG (USA) (NYSE:DB) has “Sell” rating given on Monday, May 16 by Berenberg. The company was downgraded on Friday, April 29 by Wood. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Thursday, June 2. The firm has “Neutral” rating by JP Morgan given on Monday, June 27.

Deutsche Bank AG is a global investment bank. The company has a market cap of $18.23 billion. The Bank is engaged in providing commercial and investment banking, retail banking, transaction banking and asset and wealth management services and products to firms, governments, institutional investors, small and medium-sized businesses, and private individuals. It currently has negative earnings. It operates through four business divisions: Global Markets ; Corporate & Investment Banking (CIB); Deutsche Asset Management; Private, Wealth & Commercial Clients (PW&CC).

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