Bearish flow noted in Designer Brands with 6,976 puts trading, or 5x expected. Most active are Nov-24 8 puts and Oct-24 6 puts, with total volume in those strikes near 6,900 contracts. The Put/Call Ratio is 155, while ATM IV is up over 10 points on the day. Earnings are expected on December 3rd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DBI: