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Restoration Hardware put volume heavy and directionally bearish

Restoration Hardware put volume heavy and directionally bearish

Bearish flow noted in Restoration Hardware with 2,233 puts trading, or 1.1x expected. Most active are Nov-24 320 puts and 11/22 weekly 310 puts, with total volume in those strikes near 780 contracts. The Put/Call Ratio is 1.78, while ATM IV is up over 1 point on the day. Earnings are expected on December 12th.

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