Bearish flow noted in Huntington Bancshares with 7,827 puts trading, or 8x expected. Most active are Jun-23 8 puts and May-23 10 puts, with total volume in those strikes near 5,100 contracts. The Put/Call Ratio is 9.95, while ATM IV is up nearly 3 points on the day. Earnings are expected on July 20th.
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Published first on TheFly
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