Bearish flow noted in Primo Water Corp with 2,406 puts trading, or 3x expected. Most active are Aug-25 27.5 puts and Jul-25 30 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 16.71, while ATM IV is up nearly 4 points on the day. Earnings are expected on August 7th.
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