Bearish flow noted in Deckers Brands with 9,413 puts trading, or 1.2x expected. Most active are Aug-25 100 puts and Aug-25 95 puts, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 1.86, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 24th.
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