Bearish flow noted in Wix.com (WIX) with 8,789 puts trading, or 14x expected. Most active are Jan-27 70 puts and Jul-26 100 calls, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 17.51, while ATM IV is up nearly 4 points on the day. Earnings are expected on May 20th.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WIX:
- Unusually active option classes on open April 6th
- Midday Fly By: Amazon said to eye Globalstar, Tesla deliveries miss consensus
- Wingstop upgraded, Wix downgraded: Wall Street’s top analyst calls
- Wix.com downgraded to Neutral from Buy at UBS
- Midday Fly By: Carnival cuts forecast on fuel cost, Novartis to buy Excellergy