Bearish flow noted in Canada Goose with 1,256 puts trading, or 1.1x expected. Most active are 1/27 weekly 20 puts and Apr-23 24 calls, with total volume in those strikes near 830 contracts. The Put/Call Ratio is 3.36, while ATM IV is up over 1 point on the day. Earnings are expected on February 2nd.
Published first on TheFly
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