Bearish flow noted in Kroger with 4,906 puts trading, or 1.6x expected. Most active are 2/10 weekly 42.5 puts and Mar-23 50 calls, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 1.67, while ATM IV is up nearly 5 points on the day. Earnings are expected on March 2nd.
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Published first on TheFly
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