Bearish flow noted in Bath & Body Works (BBWI) with 3,639 puts trading, or 5x expected. Most active are Nov-24 31 puts and 11/22 weekly 32 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.16, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 25th.
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