Bearish flow noted in Weight Watchers with 1,697 puts trading, or 3x expected. Most active are Jan-24 7.5 puts and Jan-24 9.5 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 2.34, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 7th.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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 WW:
- Salesforce downgraded, Starbucks initiated: Wall Street’s top analyst calls
- Guggenheim starts ‘high-risk, high-reward opportunity’ WW with a Buy
- WW re-instated with a Buy at Guggenheim
- WeightWatchers Launches New Behavior Change Program Designed to Support the Unique Needs of Individuals on GLP-1 Medications
- WW lauches WeightWatchers GLP-1 Program