Bearish flow noted in Abercrombie & Fitch with 2,130 puts trading, or 1.4x expected. Most active are 7/12 weekly 187.5 calls and 7/12 weekly 172.5 puts, with total volume in those strikes near 770 contracts. The Put/Call Ratio is 2.01, while ATM IV is up over 1 point on the day. Earnings are expected on August 28th.
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