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Corebridge Financial put volume heavy and directionally bearish
The Fly

Corebridge Financial put volume heavy and directionally bearish

Bearish flow noted in Corebridge Financial with 4,894 puts trading, or 3x expected. Most active are Jul-24 25 puts and May-24 30 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 13.59, while ATM IV is up over 15 points on the day. Earnings are expected on May 7th.

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