Best Buy (BBY) November weekly 62.50 straddle priced for a move of 10% into EPS and outlook
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Bearish Options Positioning in Best Buy (BBY) Targets 6% Downside in Shares Through Jan 2019 Following 3Q Report -Susquehanna
November 20, 2018 1:52 PM ESTSusquehanna options strategist Alison Edwards notes bearish options activity in Best Buy (NYSE: BBY), as investors purchased 7k Jan 65 Puts, paying $4.60-$5.10. The investor will breakeven with a ~6% pullback by mid-Jan.
BBY reported 3Q results this morning.
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