Bearish flow noted in Tapestry with 3,648 puts trading, or 6x expected. Most active are 10/25 weekly 44 puts and Nov-24 42.5 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 17.80, while ATM IV is up over 2 points on the day. Earnings are expected on November 7th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TPR: