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Guess put volume heavy and directionally bearish
The Fly

Guess put volume heavy and directionally bearish

Bearish flow noted in Guess with 5,738 puts trading, or 4x expected. Most active are Jan-24 23 puts and Oct-23 22 puts, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 21.02, while ATM IV is up over 1 point on the day. Earnings are expected on November 21st.

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