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Albertsons put volume heavy and directionally bearish

Bearish flow noted in Albertsons with 1,856 puts trading, or 1.9x expected. Most active are Apr-24 21 puts and Mar-24 20 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 5.17, while ATM IV is up nearly 3 points on the day. Earnings are expected on April 9th.

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