Bearish flow noted in Overstock com with 3,024 puts trading, or 2x expected. Most active are Jan-24 15 puts and 10/6 weekly 17 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 1.78, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 26th.
Don't Miss our Black Friday 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>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on OSTK:
- Enphase Energy upgraded, Brighthouse downgraded: Wall Street’s top analyst calls
- Overstock.com initiated with a Neutral at BTIG
- Overstock com call volume above normal and directionally bullish
- Unusually active option classes on open September 7th
- Overstock.com price target lowered to $85 from $87 at DA Davidson