Bearish flow noted in ConAgra with 3,067 puts trading, or 1.6x expected. Most active are 12/26 weekly 17.5 puts and Jun-26 17 puts, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 1.79, while ATM IV is up over 1 point on the day. Earnings are expected on December 19th.
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