tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Best Buy put volume heavy and directionally bearish

Bearish flow noted in Best Buy with 7,145 puts trading, or 2.0x expected. Most active are Apr-23 70 puts and 3/10 weekly 72 puts, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 9.32, while ATM IV is up over 2 points on the day. Earnings are expected on March 2nd.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on BBY:

Disclaimer & DisclosureReport an Issue

1