Bearish flow noted in Ally Financial with 2,260 puts trading, or 2x expected. Most active are 10/6 weekly 25 puts and Dec-23 22 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 5.92, while ATM IV is up over 1 point on the day. Earnings are expected on October 18th.
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