Crocs put volume heavy and directionally bearish

Bearish flow noted in Crocs with 2,380 puts trading, or 1.1x expected. Most active are 10/27 weekly 83 puts and 10/27 weekly 84 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 2.07, while ATM IV is up over 1 point on the day. Earnings are expected on November 2nd.