tiprankstipranks
Wayfair call volume above normal and directionally bullish
The Fly

Wayfair call volume above normal and directionally bullish

Bullish option flow detected in Wayfair with 10,978 calls trading, 2x expected, and implied vol increasing over 2 points to 67.40%. Feb-24 50 calls and 11/24 weekly 50 calls are the most active options, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 0.47. Earnings are expected on February 22nd.

Don't Miss our Black Friday Offers:

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 W:

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