tiprankstipranks

Victoria’s Secret put volume heavy and directionally bearish

Bearish flow noted in Victoria’s Secret with 2,329 puts trading, or 2x expected. Most active are Aug-24 16 puts and Jul-24 19 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 4.41, while ATM IV is up over 2 points on the day. Earnings are expected on August 28th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue