Lowe's put volume heavy and directionally bearish (TheFlyOnTheWall)
THE FLY 10:35 AM ET 10/16/2017
Symbol Last Price Change
LOW 81.3401down -0.9899 (-1.2%)
QUOTES AS OF 02:33:49 PM ET 10/16/2017
Bearish flow noted in Lowe's(LOW) with 1,470 puts trading, or 1.2x expected. Most active are Jan-19 72.5 puts and 11/3 weekly 81 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 2.05, while ATM IV is up over 1 point on the day. Earnings are expected on November 21st.