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Abercrombie & Fitch put volume heavy and directionally bearish
The Fly

Abercrombie & Fitch put volume heavy and directionally bearish

Bearish flow noted in Abercrombie & Fitch with 9,624 puts trading, or 9x expected. Most active are Nov-23 55 puts and Oct-23 55 puts, with total volume in those strikes near 7,300 contracts. The Put/Call Ratio is 27.42, while ATM IV is up nearly 4 points on the day. Earnings are expected on November 22nd.

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