Bearish flow noted in Kroger with 8,230 puts trading, or 1.4x expected. Most active are 5/5 weekly 48 puts and 5/12 weekly 49 calls, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 3.39, while ATM IV is up over 1 point on the day. Earnings are expected on June 15th.
Published first on TheFly
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