Clorox put volume heavy and directionally bearish

Bearish flow noted in Clorox with 1,916 puts trading, or 1.5x expected. Most active are Oct-24 165 puts and Sep-24 165 puts, with total volume in those strikes near 830 contracts. The Put/Call Ratio is 1.65, while ATM IV is up over 1 point on the day. Earnings are expected on October 31st.

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