Bearish flow noted in MetLife with 6,325 puts trading, or 3x expected. Most active are May-23 55 puts and Jun-23 55 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 4.67, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 3rd.
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Published first on TheFly
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