Bearish flow noted in Childrens Place with 1,720 puts trading, or 2.0x expected. Most active are Apr-24 8.5 puts and Apr-24 9 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 2.27, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 3rd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PLCE:
- Children’s Place Secures Flexible $90M Shariah-Compliant Loan
- The Children’s Place (NASDAQ:PLCE) Remains a Highly Speculative Investment
- Childrens Place put volume heavy and directionally bearish
- Unusually active option classes on open April 17th
- Children’s Place announces $90M in unsecured financing