Bullish option flow detected in Weight Watchers with 5,287 calls trading, 1.3x expected, and implied vol increasing almost 2 points to 86.60%. 9/22 weekly 11 calls and 9/22 weekly 12 calls are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.10. Earnings are expected on November 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 – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WW:
- WW says Sequence being impacted by GLP-1 supply constraints
- Weight Watchers call volume above normal and directionally bullish
- WW International, Inc. Announces Participation in Upcoming Investor Conferences
- WW price target raised to $12.50 from $11 at DA Davidson
- WW down 8.8% after reporting Q2 results, lowering FY23 guidance