Bearish flow noted in MetLife with 4,893 puts trading, or 1.5x expected. Most active are Feb-23 70 puts and Jan-23 65 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 3.02, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 1st.
Published first on TheFly
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