Bearish flow noted in KKR with 1,528 puts trading, or 1.4x expected. Most active are 11/24 weekly 63 puts and 12/8 weekly 64 puts, with total volume in those strikes near 580 contracts. The Put/Call Ratio is 1.85, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 13th.
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