Bearish flow noted in Corebridge Financial with 3,726 puts trading, or 2x expected. Most active are May-24 25 puts and Apr-24 28.84 puts, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 38.02, while ATM IV is up over 1 point on the day. Earnings are expected on May 3rd.
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Read More on CRBG:
- Corebridge Financial Announces Board Changes and New Appointment
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- Corebridge Financial put volume heavy and directionally bearish
- Corebridge Appoints Deborah Leone to Board of Directors
