Bearish flow noted in Wayfair with 6,081 puts trading, or 2x expected. Most active are Jan-24 40 puts and Oct-23 47 puts, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 3.85, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 1st.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- 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 today’s best-performing stocks on TipRanks >>
Read More on W: