Bearish flow noted in Abercrombie & Fitch with 9,624 puts trading, or 9x expected. Most active are Nov-23 55 puts and Oct-23 55 puts, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 27.42, while ATM IV is up nearly 4 points on the day. Earnings are expected on November 22nd.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ANF:
- Abercrombie & Fitch price target raised to $62 from $56 at Telsey Advisory
- Abercrombie & Fitch management to meet with Telsey Advisory
- Fly Insider: Energy Transfer, Amazon among week’s notable insider trades
- Abercrombie & Fitch CFO Lipesky sells 25,000 class A shares
- Abercrombie & Fitch CEO Horowitz sells 60,000 common shares