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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 3,208 puts trading, or 2x expected. Most active are May-25 85 puts and Feb-25 110 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.13, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 12th.

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