Bearish flow noted in Campbell Soup with 3,295 puts trading, or 1.2x expected. Most active are Dec-26 17 puts and 4/24 weekly 21 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 1 point on the day. Earnings are expected on June 8th.
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