| Tuesday | ||||
KeyBanc analyst Bradley… KeyBanc analyst Bradley Thomas downgraded Big Lots to Sector Weight from Overweight. | ||||
| Over a week ago | ||||
Bearish flow noted in Big… Bearish flow noted in Big Lots with 6,439 puts trading, or 4x expected. Most active are Apr-20 30 puts and Jan-20 30 calls, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 2.36, while ATM IV is up over 1 point on the day. Earnings are expected on March 6th. | ||||
| Over a month ago | ||||
Bullish option flow… Bullish option flow detected in Big Lots with 7,678 calls trading, 3x expected, and implied vol increasing over 2 points to 45.67%. Jan-20 32.5 calls and Jan-20 30 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.13. Earnings are expected on March 6th. | ||||
Loop Capital analyst… Loop Capital analyst Anthony Chukumba keeps his Hold rating and $25 price target on Big Lots (BIG) after its Q3 results, noting that while earnings topped expectations and the management was optimistic about the holiday season, the company's comps came in negative for the first time in five quarters. With no material improvement anticipated in Q4, the analyst contends that Big Lots remains a "show me" story, particularly following Friday's 32% jump in the stock price. For investors seeking exposure to deep discount retailing space, Chukumba recommends shares of Dollar General (DG) and Five Below (FIVE). | ||||
For the first day in what… | ||||
Big Lots is up 26.5%, or… Big Lots is up 26.5%, or $5.08 to $24.23. | |
Stocks have been… | |
Big Lots is up 22.3%, or… Big Lots is up 22.3%, or $4.27 to $23.43. | |
Big Lots is up 22.8%, or… Big Lots is up 22.8%, or $4.37 to $23.53. | |
Unusual total active… Unusual total active option classes on open include: Big Lots (BIG), ProShares UltraPro Short S&P 500 (SPXU), Cleveland-Cliffs (CLF), Marathon Oil (MRO), Valero (VLO), Plug Power (PLUG), Trade Desk (TTD), Goldman Sachs (GS), IBM (IBM), and iShares Silver Trust (SLV). |