Floor & Decor put volume heavy and directionally bearish
The Fly

Floor & Decor put volume heavy and directionally bearish

Bearish flow noted in Floor & Decor with 3,488 puts trading, or 2x expected. Most active are Jul-24 125 puts and Jun-24 120 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 7.89, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 1st.

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