Bullish option flow detected in Weight Watchers with 9,961 calls trading, 2x expected, and implied vol increasing over 2 points to 100.32%. 2/2 weekly 6.5 calls and Jan-24 6 calls are the most active options, with total volume in those strikes near 9,100 contracts. The Put/Call Ratio is 0.08. Earnings are expected on March 7th.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on WW:
- DA Davidson keeps Buy on WW after selloff on Lilly news
- WW investors ‘overreacting’ to LillyDirect announcement, says Guggenheim
- Weight Watchers put volume heavy and directionally bearish
- Unusually active option classes on open January 4th
- Barclays starts healthcare technology, distribution with Neutral view