Bearish flow noted in Wayfair with 5,927 puts trading, or 1.9x expected. Most active are Jan-25 15 puts and Jun-24 65 calls, with total volume in those strikes near 4,700 contracts. The Put/Call Ratio is 2.27, while ATM IV is up over 2 points on the day. Earnings are expected on May 2nd.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on W:
- Wayfair price target raised to $79 from $63 at Deutsche Bank
- BofA says Google Cloud Next can boost AI sentiment for Alphabet
- Buy/Sell: Wall Street’s top 10 stock calls this week
- DoorDash initiated, Block downgraded: Wall Street’s top analyst calls
- Wayfair upgraded to Outperform from In Line at Evercore ISI