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.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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