Bearish flow noted in V F Corp with 3,709 puts trading, or 1.1x expected. Most active are 4/5 weekly 15 puts and May-24 17.5 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 3.38, while ATM IV is up over 2 points on the day. Earnings are expected on May 23rd.
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