Signet Jewelers put volume heavy and directionally bearish
The Fly

Signet Jewelers put volume heavy and directionally bearish

Bearish flow noted in Signet Jewelers with 1,376 puts trading, or 1.4x expected. Most active are 1/12 weekly 99 puts and 1/12 weekly 100 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 3.19, while ATM IV is up over 1 point on the day. Earnings are expected on March 14th.

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