Floor & Decor put volume heavy and directionally bearish
The Fly

Floor & Decor put volume heavy and directionally bearish

Bearish flow noted in Floor & Decor with 3,229 puts trading, or 2x expected. Most active are Aug-24 85 puts and Aug-24 95 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 9.10, while ATM IV is up over 2 points on the day. Earnings are expected on August 1st.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App