Bearish flow noted in Vipshop with 1,848 puts trading, or 1.4x expected. Most active are Oct-24 12 puts and Nov-24 15 calls, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 1.77, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 14th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VIPS: