Bearish flow noted in HanesBrands with 57,811 puts trading, or 14x expected. Most active are Nov-22 7 puts and Nov-22 7.5 puts, with total volume in those strikes near 43,300 contracts. The Put/Call Ratio is 4.64, while ATM IV is up over 1 point on the day. Earnings are expected on February 2nd.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on HBI: