Coty put volume heavy and directionally bearish
The Fly

Coty put volume heavy and directionally bearish

Bearish flow noted in Coty with 11,441 puts trading, or 10x expected. Most active are Oct-23 11 puts and Feb-24 11 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 1.99, while ATM IV is up over 1 point on the day. Earnings are expected on August 22nd.

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