10/30/2024 -Unusual Options In Advanced Auto Parts (AAP)

$AAP-Bearish flow noted in Advance Auto Parts (36.41 +0.56) with 13,035 puts trading, or 6x expected. The Put/Call Ratio is 7.07, while ATM IV is up nearly 5 points on the day. Earnings are expected on 11/13. The DEC 20th 30.00 Puts are being bought @ 1.61-1.66