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.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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: