Bearish flow noted in Advance Auto Parts with 1,935 puts trading, or 1.1x expected. Most active are Aug-24 47.5 puts and Oct-24 60 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 1.84, while ATM IV is up over 3 points on the day. Earnings are expected on August 21st.
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