Bearish flow noted in Foot Locker with 8,065 puts trading, or 12x expected. Most active are Mar-23 37.5 puts and Mar-23 38.5 puts, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 2.58, while ATM IV is up over 5 points on the day. Earnings are expected on March 20th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FL: