Bearish flow noted in Goodyear Tire with 13,742 puts trading, or 11x expected. Most active are Oct-23 7 puts and Mar-23 11 puts, with total volume in those strikes near 13,100 contracts. The Put/Call Ratio is 8.18, while ATM IV is up nearly 5 points on the day. Earnings are expected on May 5th.
Published first on TheFly
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