Bearish flow noted in Under Armour Class A with 1,099 puts trading, or 1.0x expected. Most active are Jun-24 7.5 puts and 3/1 weekly 6 puts, with total volume in those strikes near 950 contracts. The Put/Call Ratio is 1.83, while ATM IV is up over 1 point on the day. Earnings are expected on February 8th.
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