Bearish flow noted in ConAgra with 5,572 puts trading, or 5x expected. Most active are 7/11 weekly 20.5 puts and 7/11 weekly 22 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 1.59, while ATM IV is up over 3 points on the day. Earnings are expected on July 10th.
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