Put Buying Activity in Medifast (MED) Targets Downside in Shares Following Last Week's Earnings Sell-Off -Susquehanna
Susquehanna options strategist Alison Edwards notes put buying activity in Medifast (NYSE: MED), as an investor bought 4k Mar 90 Puts for up to $19.70, indicating a relatively longer-dated bearish stance. The shares are up ~7% today after dropping ~27% on Fri from earnings.