Bearish Options Activity in Guess? (GES) Targets 'Increased Downside Potential' in Shares -Susquehanna

Susquehanna options strategist Alison Edwards notes put buying activity in Guess? (NYSE: GES) with shares down 8.5%, opening investors in purchased 5500 Sep 11 puts for $1.78 and investors bought 5k Jun 12 puts in small lots throughout the day. These bearish/protective investors express sentiment that shares could see increased downside potential in the coming weeks to months.

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