Bearish flow noted in Burlington Stores (BURL) with 3,169 puts trading, or 8x expected. Most active are 3/7 weekly 230 puts and 2/7 weekly 260 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 5.37, while ATM IV is up over 3 points on the day. Earnings are expected on March 6th.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BURL: