Bearish flow noted in Gap with 1,551 puts trading, or 1.2x expected. Most active are 3/22 weekly 14.5 puts and Mar-24 19 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 1.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 7th.
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