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Abercrombie & Fitch put volume heavy and directionally bearish
The Fly

Abercrombie & Fitch put volume heavy and directionally bearish

Bearish flow noted in Abercrombie & Fitch (ANF) with 1,193 puts trading, or 1.0x expected. Most active are 10/25 weekly 155 puts and 10/25 weekly 139 puts, with total volume in those strikes near 410 contracts. The Put/Call Ratio is 1.63, while ATM IV is up over 1 point on the day. Earnings are expected on November 26th.

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