Bearish flow noted in V F Corp with 3,970 puts trading, or 1.4x expected. Most active are May-24 12.5 puts and Nov-24 7.5 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.64, while ATM IV is up over 1 point on the day. Earnings are expected on May 22nd.
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