Bullish option flow detected in Urban Outfitters with 5,560 calls trading, 6x expected, and implied vol increasing over 2 points to 35.90%. 9/6 weekly 36 calls and Sep-24 37 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.11. Earnings are expected on November 19th.
Don't Miss Our New Year's 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 URBN:
- Urban Outfitters (URBN) Shows Promising Growth Despite Slowdown in Sales
- Vera Bradley teams with Urban Outfitters to launch vintage-inspired collection
- Morning Movers: Advance Auto Parts plummets after FY24 guidance cut
- Urban Outfitters downgraded at Telsey Advisory on slowing sales trends
- Urban Outfitters price target lowered to $46 from $52 at BofA