Skyworks put volume heavy and directionally bearish

Bearish flow noted in Skyworks with 2,434 puts trading, or 1.5x expected. Most active are Aug-26 50 puts and Jul-26 50 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 2.26, while ATM IV is up over 1 point on the day. Earnings are expected on August 4th.