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V F Corp put volume heavy and directionally bearish
The Fly

V F Corp put volume heavy and directionally bearish

Bearish flow noted in V F Corp with 15,520 puts trading, or 4x expected. Most active are 2/10 weekly 28 puts and Feb-23 27.5 puts, with total volume in those strikes near 9,300 contracts. The Put/Call Ratio is 8.08, while ATM IV is up over 1 point on the day. Earnings are expected on May 18th.

Published first on TheFly

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