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MetLife put volume heavy and directionally bearish

Bearish flow noted in MetLife with 8,530 puts trading, or 1.1x expected. Most active are Jun-23 55 puts and 3/31 weekly 50 puts, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 3.03, while ATM IV is up over 1 point on the day. Earnings are expected on May 3rd.

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Published first on TheFly

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