Bearish flow noted in ConAgra with 14,058 puts trading, or 19x expected. Most active are 4/2 weekly 16 puts and 3/27 weekly 16.5 puts, with total volume in those strikes near 10,600 contracts. The Put/Call Ratio is 3.27, while ATM IV is up nearly 3 points on the day. Earnings are expected on April 1st.
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