Bullish option flow detected in Five Below with 2,409 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 67.45%. Sep-24 85 calls and Sep-24 130 calls are the most active options, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 0.23. Earnings are expected on August 28th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FIVE:
- Five Below price target lowered to $85 from $92 at Citi
- Five Below price target lowered to $86 from $87 at JPMorgan
- Five Below price target lowered to $75 from $104 at BofA
- Five Below, Inc. Announces Second Quarter Fiscal 2024 Earnings Release and Conference Call Date
- Five Below Implements Key Employee Retention Program