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Stocks were broadly lower on Thursday, though modestly so. The S&P 500 fell 0.5% while the Nasdaq Composite dropped 0.7%.
Steve Dennis is a top retail influencer, strategic advisor and author. As this goes to press, Restoration Hardware's stock is under pressure despite yesterday's stellar earnings report.
Bearish flow noted in Restoration Hardware with 1,432 puts trading, or 1.8x expected. Most active are Nov-24 310 puts and Nov-24 337.5 calls, with total volume in those strikes near 540 contracts.