Bearish flow noted in Annaly Capital with 4,598 puts trading, or 1.6x expected. Most active are 3/24 weekly 18 puts and Apr-23 21 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.04, while ATM IV is up nearly 6 points on the day. Earnings are expected on April 26th.
Published first on TheFly
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