Bearish flow noted in Wayfair (W) with 4,429 puts trading, or 1.1x expected. Most active are 11/28 weekly 95 puts and Dec-25 92.5 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 1.89, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 19th.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on W: