Bearish flow noted in AIG with 1,696 puts trading, or 1.3x expected. Most active are Jun-23 60 puts and Feb-23 57.5 puts, with total volume in those strikes near 830 contracts. The Put/Call Ratio is 2.91, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 15th.
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Published first on TheFly
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