Bearish flow noted in E.l.f. Beauty with 2,413 puts trading, or 1.1x expected. Most active are 11/1 weekly 108 puts and 11/1 weekly 107 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.06, while ATM IV is up over 1 point on the day. Earnings are expected on November 6th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ELF: