Bearish flow noted in Albertsons with 10,431 puts trading, or 7x expected. Most active are May-23 21 puts and May-23 20 puts, with total volume in those strikes near 10,400 contracts. The Put/Call Ratio is 15.32, while ATM IV is up nearly 7 points on the day. Earnings are expected on July 25th.
Published first on TheFly
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