Bearish Options Activity in American Eagle Outfitters (AEO) Targets 4.5% Downside in Shares in Coming Weeks -Susquehanna
Susquehanna options strategist Alison Edwards notes put buying activity in American Eagle Outfitters (NYSE: AEO), as an opening investor bought 6300 Dec 21 Puts for $2.50. This investor opens a bearish position breaking even on a 4.5% pullback in the coming weeks.