Overstock com put volume heavy and directionally bearish
The Fly

Overstock com put volume heavy and directionally bearish

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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