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General Mills put volume heavy and directionally bearish
The Fly

General Mills put volume heavy and directionally bearish

Bearish flow noted in General Mills with 1,616 puts trading, or 4x expected. Most active are Jul-23 80 puts and Jul-23 77.5 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 4.39, while ATM IV is up over 1 point on the day. Earnings are expected on June 28th.

Published first on TheFly

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