Williams Sonoma put volume heavy and directionally bearish
The Fly

Williams Sonoma put volume heavy and directionally bearish

Bearish flow noted in Williams Sonoma with 6,256 puts trading, or 5x expected. Most active are May-24 140 puts and Oct-23 139 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 1.72, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 16th.

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