Bearish flow noted in Expedia with 1,204 puts trading, or 1.3x expected. Most active are Oct-24 110 puts and 10/11 weekly 150 puts, with total volume in those strikes near 570 contracts. The Put/Call Ratio is 1.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 7th.
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 EXPE:
- Expedia price target raised to $159 from $130 at Wells Fargo
- Expedia director Khosrowshahi sells 10,000 common shares
- Expedia director sells $1.5M in common stock
- Expedia price target raised to $175 from $150 at BTIG
- Despegar.com, Expedia announce new Lodging Outsourcing Agreement