Bearish flow noted in Urban Outfitters (URBN) with 3,798 puts trading, or 6x expected. Most active are Dec-24 46 puts and Jan-25 55 calls, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 23.89, while ATM IV is up over 2 points on the day. Earnings are expected on March 4th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on URBN:
- Largest borrow rate increases among liquid names
- Why Urban Outfitters (URBN) Stock Has Jumped 37% In the Past Week
- Urban Outfitters price target raised to $47 from $39 at BMO Capital
- Dell and HP forecasts spark selloffs: Morning Buzz
- Booking initiated, Workday downgraded: Wall Street’s top analyst calls