Bearish flow noted in Honeywell with 3,762 puts trading, or 1.6x expected. Most active are Jan-23 200 puts and 1/27 weekly 205 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.69, while ATM IV is up over 1 point on the day. Earnings are expected on February 2nd.
Published first on TheFly
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