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V F Corp put volume heavy and directionally bearish

Bearish flow noted in V F Corp with 2,782 puts trading, or 1.2x expected. Most active are Feb-24 15 puts and 1/26 weekly 16 calls, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 4.42, while ATM IV is up over 1 point on the day. Earnings are expected on February 6th.

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