Bearish flow noted in V F Corp with 11,059 puts trading, or 4x expected. Most active are 5/1 weekly 20.5 puts and 5/1 weekly 20 puts, with total volume in those strikes near 7,900 contracts. The Put/Call Ratio is 30.81, while ATM IV is up over 1 point on the day. Earnings are expected on May 20th.
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