Bearish flow noted in Crocs (CROX) with 3,208 puts trading, or 2x expected. Most active are May-25 85 puts and Feb-25 110 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.13, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 12th.
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