Canada Goose put volume heavy and directionally bearish

Bearish flow noted in Canada Goose with 1,834 puts trading, or 1.9x expected. Most active are 1/27 weekly 21 puts and Jan-23 17 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 6.32, while ATM IV is up over 3 points on the day. Earnings are expected on February 9th.