Bearish flow noted in Under Armour (UAA) Class A with 2,191 puts trading, or 3x expected. Most active are Dec-24 10 puts and Nov-24 10 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 3.40, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 10th.
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