Put Buying Activity in Vipshop Holdings (VIPS) Targets 13% Upside in Shares Through Downside -Susquehanna

April 12, 2021 2:05 PM EDT

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Susquehanna options strategist Alison Edwards notes put buying activity in Vipshop Holdings (NYSE: VIPS), as an opening investors purchased 8k Apr30 Puts. These investors open downside protection to a move below $24 (-11%), breaking even on a ~13% move lower.

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