Bearish flow noted in Gap (GAP) Inc with 2,601 puts trading, or 1.3x expected. Most active are 11/8 weekly 21 puts and 11/8 weekly 21.5 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 2.24, while ATM IV is up nearly 5 points on the day. Earnings are expected on November 21st.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener