Bearish flow noted in Foot Locker with 8,447 puts trading, or 1.3x expected. Most active are 12/29 weekly 28 puts and 12/29 weekly 28.5 puts, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 3.18, while ATM IV is up over 2 points on the day. Earnings are expected on February 23rd.
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