Bearish flow noted in Deutsche Bank with 23,918 puts trading, or 4x expected. Most active are May-23 9 puts and Apr-23 10 puts, with total volume in those strikes near 12,800 contracts. The Put/Call Ratio is 8.69, while ATM IV is up nearly 4 points on the day. Earnings are expected on April 27th.
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Published first on TheFly
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