Weight Watchers (WTW) $75.73 -0.53%
Weight Watchers (WTW) loses 38 cents to $75.75 and a fat options trade on the stock today is a Feb 65 – 72.5 (2X1) put ratio spread, apparently bought to open for 75 cents, 2000X. It’s possibly a bet that the company will deliver slim profits when it reports earnings on Feb 14, which is the Tuesday before options expiration Friday. The stock lost 10 percent on 11/9 after earnign were last reported. It fell 17 percent on 8/5.
Category: All Stocks, Food & Beverage, Mid Cap Stocks
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
