Bullish option flow detected in Urban Outfitters with 8,538 calls trading, 5x expected, and implied vol increasing almost 4 points to 37.95%. 9/6 weekly 37 calls and 9/6 weekly 36 calls are the most active options, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 0.06. Earnings are expected on November 19th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on URBN:
- Victoria’s Secret (VSCO) Appoints New CEO and Sees its Shares Surge
- Urban Outfitters call volume above normal and directionally bullish
- 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