Bearish flow noted in Advance Auto Parts with 7,276 puts trading, or 3x expected. Most active are 10/25 weekly 32 puts and 10/4 weekly 38.5 puts, with total volume in those strikes near 5,600 contracts. The Put/Call Ratio is 4.62, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 13th.
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