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V F Corp put volume heavy and directionally bearish

Bearish flow noted in V F Corp with 6,002 puts trading, or 1.7x expected. Most active are Jan-25 12.5 puts and Nov-23 15 puts, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 1.65, while ATM IV is up nearly 4 points on the day. Earnings are expected on October 30th.

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