Bearish flow noted in Tapestry with 3,648 puts trading, or 6x expected. Most active are 10/25 weekly 44 puts and Nov-24 42.5 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 17.80, while ATM IV is up over 2 points on the day. Earnings are expected on November 7th.
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