Bullish option flow detected in HanesBrands with 6,768 calls trading, 3x expected, and implied vol increasing over 4 points to 56.32%. Apr-24 6 calls and Apr-24 5 calls are the most active options, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 0.24. Earnings are expected on May 2nd.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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>>
Read More on HBI:
- Hanesbrands signs three year extension with University of Mississippi
- What Lies Ahead for Hanesbrands (NYSE:HBI)? Wait to Find Out
- Hanesbrands price target lowered to $4.50 from $5 at Citi
- Hanesbrands price target lowered to $4 from $5 at Barclays
- Hanesbrands sees FY24 adjusted EPS 42c-48c, consensus 48c