The most actively traded options contracts on Vistaprint today are the Nov $50 strike puts, with around 2,200 puts in play against open interest of 98 contracts. It looks like one trader purchased most of the volume at a premium of $1.15 each. The contracts may be profitable at expiration next month if shares in VPRT decline 9.6% from the current price of $54.05 to trade below the breakeven point at $48.85. The Nov $47.5 strike put options are also trading today, with around 270 contracts purchased at a premium of $0.70 apiece, establishing a breakeven level at $46.80.
Vistaprint is scheduled to report first-quarter earnings after the close of trading on Tuesday, October 29th.
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