Bearish flow noted in Urban Outfitters with 3,035 puts trading, or 1.6x expected. Most active are Mar-23 25 puts and Mar-23 27 calls, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 1.68, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 28th.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on URBN:
