Bearish flow noted in Stellantis NV with 4,074 puts trading, or 3x expected. Most active are Sep-23 17 puts and Oct-23 16 puts, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 11.13, while ATM IV is up over 1 point on the day. Earnings are expected on February 22nd.
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