Bearish flow noted in Burlington Stores with 1,124 puts trading, or 3x expected. Most active are Feb-24 197.5 puts and Feb-24 200 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.05, while ATM IV is up over 1 point on the day. Earnings are expected on February 29th.
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>>
See today’s best-performing stocks on TipRanks >>
Read More on BURL:
- Burlington Stores price target raised to $225 from $195 at Jefferies
- Burlington Stores call volume above normal and directionally bullish
- Burlington (NYSE:BURL) Gains on New Analyst Upgrade
- The lifestyle stocks to own in 2024, according to Piper Sandler
- Rivian downgraded, Instacart upgraded: Wall Street’s top analyst calls
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue