Bullish option flow detected in Wayfair (W) with 9,172 calls trading, 1.0x expected, and implied vol increasing over 1 point to 75.59%. Mar-25 30 calls and 3/14 weekly 34 calls are the most active options, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 0.31. Earnings are expected on May 1st.
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Read More on W:
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- Wayfair price target lowered to $50 from $63 at JPMorgan
