Bullish option flow detected in Chewy with 12,676 calls trading, 1.4x expected, and implied vol increasing over 1 point to 82.01%. Jun-24 17.5 calls and Apr-24 30 calls are the most active options, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 0.40. Earnings are expected on March 20th.
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 CHWY:
- Chewy (NYSE:CHWY) Slumps as Insiders Sell Off
- Chewy call volume above normal and directionally bullish
- Amazon and Chewy: Goldman Sachs Says Buy Both Stocks Amid ‘Resilient Business Models’
- Salesforce upgraded, Warner Bros. downgraded: Wall Street’s top analyst calls
- Chewy upgraded to Overweight from Equal Weight at Barclays