Dicks put volume heavy and directionally bearish

Bearish flow noted in Dicks with 2,871 puts trading, or 1.1x expected. Most active are Jan-24 85 puts and Jan-24 90 puts, with total volume in those strikes near 820 contracts. The Put/Call Ratio is 2.52, while ATM IV is up over 2 points on the day. Earnings are expected on November 21st.

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 DKS:

Disclaimer & DisclosureReport an Issue