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Crocs put volume heavy and directionally bearish

Crocs put volume heavy and directionally bearish

Bearish flow noted in Crocs (CROX) with 3,943 puts trading, or 4x expected. Most active are 2/14 weekly 85 puts and 2/7 weekly 96 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 3.05, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 13th.

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