Altria Group put volume heavy and directionally bearish
The Fly

Altria Group put volume heavy and directionally bearish

Bearish flow noted in Altria Group with 21,490 puts trading, or 3x expected. Most active are Mar-23 46 puts and Mar-23 45 puts, with total volume in those strikes near 15,700 contracts. The Put/Call Ratio is 3.10, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 27th.

Published first on TheFly

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