Bearish flow noted in Dollar Tree with 2,621 puts trading, or 1.5x expected. Most active are 7/26 weekly 103 puts and 8/2 weekly 100 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 2.54, while ATM IV is up over 2 points on the day. Earnings are expected on August 22nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DLTR:
- Dollar Tree price target raised to $148 from $135 at JPMorgan
- Piper Sandler Cuts Rating on Dollar Tree (NASDAQ:DLTR), Shares Slip
- Shopify upgraded, Reddit downgraded: Wall Street’s top analyst calls
- Piper downgrades Dollar Tree, says ‘uniquely disadvantaged’ into election
- Dollar Tree downgraded to Neutral from Overweight at Piper Sandler