Bearish flow noted in Abercrombie & Fitch with 4,903 puts trading, or 5x expected. Most active are Oct-23 50 puts and Oct-23 55 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 9.05, while ATM IV is up over 1 point on the day. Earnings are expected on November 22nd.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ANF:
- Abercrombie & Fitch put volume heavy and directionally bearish
- Abercrombie & Fitch price target raised to $62 from $56 at Telsey Advisory
- Abercrombie & Fitch management to meet with Telsey Advisory
- Fly Insider: Energy Transfer, Amazon among week’s notable insider trades
- Abercrombie & Fitch CFO Lipesky sells 25,000 class A shares
