Bearish flow noted in Bath & Body Works with 1,837 puts trading, or 1.9x expected. Most active are Oct-24 30 puts and 9/6 weekly 29 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 4.50, while ATM IV is up over 1 point on the day. Earnings are expected on November 20th.
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 BBWI:
- Bath & Body Works price target lowered to $51 from $56 at Morgan Stanley
- Bath & Body Works to Present at the Goldman Sachs 31st Annual Global Retailing Conference
- Bath & Body Works price target lowered to $50 from $52 at BMO Capital
- Bath & Body Works price target lowered to $42 from $51 at Raymond James
- Bath & Body Works price target lowered to $45 from $54 at BofA
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue