Bearish flow noted in Comerica with 1,983 puts trading, or 1.4x expected. Most active are Feb-24 50 puts and Feb-24 42.5 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 5.75, while ATM IV is up over 1 point on the day. Earnings are expected on April 18th.
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