Bearish flow noted in Overstock com with 3,024 puts trading, or 2x expected. Most active are Jan-24 15 puts and 10/6 weekly 17 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 1.78, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 26th.
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- Unusually active option classes on open September 7th
- Overstock.com price target lowered to $85 from $87 at DA Davidson
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