Bearish flow noted in Lowe’s with 4,410 puts trading, or 1.6x expected. Most active are Nov-22 200 puts and Nov-22 210 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 2.45, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 16th.
Published first on TheFly
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