Designer Brands Option Alert: Jul 19 $8 Calls at the Ask: 1000 @ $0.3 vs 168 OI; Earnings 8/5 Before Open [est] Ref=$7.295
Portfolio Pulse from Benzinga Newsdesk
Designer Brands (DBI) saw a significant option activity with 1000 July 19 $8 calls traded at the ask price of $0.3, compared to an open interest of 168. The company is expected to report earnings on August 5 before the market opens.
June 10, 2024 | 4:58 pm
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Designer Brands (DBI) experienced unusual option activity with 1000 July 19 $8 calls traded at the ask price of $0.3, indicating potential bullish sentiment. The company is set to report earnings on August 5.
The significant option activity suggests that investors are expecting a positive movement in DBI's stock price. The upcoming earnings report on August 5 could be a catalyst for this movement.
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