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Kroger put volume heavy and directionally bearish

Bearish flow noted in Kroger with 3,364 puts trading, or 3x expected. Most active are Apr-24 45 puts and Apr-24 60 calls, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 1.77, while ATM IV is up over 1 point on the day. Earnings are expected on March 7th.

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