Bearish flow noted in Under Armour (UAA) Class A with 15,299 puts trading, or 17x expected. Most active are Jan-25 7.5 puts and 11/22 weekly 9.5 calls, with total volume in those strikes near 15,200 contracts. The Put/Call Ratio is 22.17, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 10th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UAA:
- Under Armour price target raised to $12 from $8 at Barclays
- Under Armour (UAA) Engineers a Turnaround, But Profits Continue to Decline
- Under Armour price target raised to $10 from $8 at Telsey Advisory
- Under Armour price target raised to $10 from $8 at TD Cowen
- Under Armour price target raised to $16 from $12 at UBS