Bearish flow noted in Altria Group with 4,763 puts trading, or 1.3x expected. Most active are 3/24 weekly 50 calls and Mar-23 46 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 1.76, while ATM IV is up over 1 point on the day. Earnings are expected on April 27th.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on MO: