Bearish flow noted in V F Corp with 12,403 puts trading, or 2x expected. Most active are Sep-26 15 puts and 2/27 weekly 19.5 puts, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 6.71, while ATM IV is up over 3 points on the day. Earnings are expected on May 20th.
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