Bearish flow noted in American Eagle (AEO) with 10,821 puts trading, or 4x expected. Most active are Jan-25 16 puts and 1/24 weekly 15.5 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 9.82, while ATM IV is up nearly 3 points on the day. Earnings are expected on March 4th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AEO:
- American Eagle price target lowered to $20 from $23 at JPMorgan
- American Eagle call volume above normal and directionally bullish
- Salesforce upgraded, ServiceNow downgraded: Wall Street’s top analyst calls
- American Eagle initiated with a Market Perform at Raymond James
- American Eagle price target lowered to $15 from $17 at Morgan Stanley
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue