Bearish flow noted in Ford (F) with 18,515 puts trading, or 1.2x expected. Most active are 4/4 weekly 9.35 puts and Mar-25 9.85 puts, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 1.96, while ATM IV is up over 2 points on the day. Earnings are expected on April 28th.
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