Bearish flow noted in Deutsche Bank with 4,031 puts trading, or 3x expected. Most active are Jan-24 12 puts and May-23 13 puts, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 12.11, while ATM IV is up over 1 point on the day. Earnings are expected on April 27th.
Published first on TheFly
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