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Crocs put volume heavy and directionally bearish
The Fly

Crocs put volume heavy and directionally bearish

Bearish flow noted in Crocs with 2,380 puts trading, or 1.1x expected. Most active are 10/27 weekly 83 puts and 10/27 weekly 84 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 2.07, while ATM IV is up over 1 point on the day. Earnings are expected on November 2nd.

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