Bearish flow noted in Ally Financial with 5,334 puts trading, or 4x expected. Most active are 2/2 weekly 34 puts and 2/2 weekly 33 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 3.09, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 19th.
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