Bearish flow noted in Bath & Body Works (BBWI) with 3,639 puts trading, or 5x expected. Most active are Nov-24 31 puts and 11/22 weekly 32 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.16, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 25th.
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>>
Read More on BBWI:
- BBWI Upcoming Earnings Report: What to Expect?
- Nvidia trades on Dow for first time, Rivian reports downbeat Q3: Morning Buzz
- Molson Coors upgraded, Rivian downgraded: Wall Street’s top analyst calls
- Bath & Body Works downgraded to Underweight from Equal Weight at Barclays
- Bath & Body Works price target lowered to $32 from $35 at Wells Fargo