Freaking CROX Is Plummeting As Options Traders Bail Out

http://www.theoptionsinsider.com/tradingtechnology/?id=450

Highly volatile apparel maker Crocs sold off from $75 to $48 after last week’s earnings release showed surprising levels of unsold inventory and receivables. Today’s trading is running at 6 times the normal pace of 39,000 contracts, as the stock is off another 7% to $44. Options trading shows a bearish bias as flow is dominated by call sellers hitting November 45, 50, and 55 strikes...

http://www.theoptionsinsider.com/tradingtechnology/?id=450
 
Back
Top