Bearish flow noted in General Electric with 13,675 puts trading, or 6x expected. Most active are 1/27 weekly 76 puts and 1/27 weekly 74 puts, with total volume in those strikes near 6,600 contracts. The Put/Call Ratio is 1.97, while ATM IV is up over 2 points on the day. Earnings are expected on January 24th.
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Published first on TheFly
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