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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 3,519 puts trading, or 1.4x expected. Most active are Aug-24 100 puts and Mar-24 90 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 3.83, while ATM IV is up over 1 point on the day. Earnings are expected on February 28th.

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