Bearish flow noted in Home Depot with 15,278 puts trading, or 3x expected. Most active are Jan-23 320 puts and Jan-23 315 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 1.60, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 21st.
Published first on TheFly
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