Bearish flow noted in Crocs with 2,353 puts trading, or 1.7x expected. Most active are Apr-24 114 puts and 4/5 weekly 147 calls, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 1.91, while ATM IV is up nearly 5 points on the day. Earnings are expected on April 25th.
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