Bearish flow noted in Abercrombie & Fitch with 1,762 puts trading, or 1.4x expected. Most active are 1/12 weekly 72 puts and 1/26 weekly 100 calls, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 1.53, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 28th.
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