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Ross Stores put volume heavy and directionally bearish

Bearish flow noted in Ross Stores with 3,269 puts trading, or 1.0x expected. Most active are Feb-23 100 puts and May-23 105 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 1.94, while ATM IV is up over 1 point on the day. Earnings are expected on March 2nd.

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Published first on TheFly

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