Bearish flow noted in Victoria’s Secret with 2,153 puts trading, or 1.2x expected. Most active are Nov-24 27 puts and Oct-24 19 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 2.86, while ATM IV is up over 1 point on the day. Earnings are expected on November 27th.
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 VSCO:
- Nvidia, ARM initiated: Wall Street’s top analyst calls
- Victoria’s Secret upgraded to Equal Weight from Underweight at Barclays
- Victoria’s Secret (VSCO) Appoints New CEO and Sees its Shares Surge
- Victoria’s Secret price target raised to $21 from $18 at BofA
- Victoria’s Secret price target raised to $23 from $20 at Morgan Stanley