Bearish flow noted in Best Buy (BBY) with 1,634 puts trading, or 1.3x expected. Most active are 8/29 weekly 72 puts and 8/29 weekly 67 puts, with total volume in those strikes near 540 contracts. The Put/Call Ratio is 3.26, while ATM IV is up over 5 points on the day. Earnings are expected on August 28th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BBY:
- BBY Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Options Volatility and Implied Earnings Moves This Week, August 25 – August 29, 2025
- Unusually active option classes on open August 22nd
- Best Buy price target lowered to $88 from $95 at JPMorgan
- Aterian launches multiple products on BestBuy.com