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Designer Brands put volume heavy and directionally bearish
The Fly

Designer Brands put volume heavy and directionally bearish

Bearish flow noted in Designer Brands with 2,587 puts trading, or 1.4x expected. Most active are Jan-25 9 puts and Nov-24 8 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 49.75, while ATM IV is up nearly 4 points on the day. Earnings are expected on December 3rd.

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