Bearish flow noted in Abercrombie & Fitch with 3,519 puts trading, or 1.4x expected. Most active are Aug-24 100 puts and Mar-24 90 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 3.83, while ATM IV is up over 1 point on the day. Earnings are expected on February 28th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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 ANF:
- Abercrombie & Fitch price target raised to $105 from $95 at Telsey Advisory
- Abercrombie & Fitch price target raised to $98 from $93 at UBS
- Abercrombie & Fitch price target raised to $100 from $82 at Citi
- Abercrombie & Fitch (NYSE:ANF) Gains on Upbeat Outlook
- Abercrombie & Fitch increases FY23 revenue outlook to growth of 14% to 15%