Bearish flow noted in Mondelez with 2,385 puts trading, or 1.8x expected. Most active are Dec-22 65 puts and Mar-23 60 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 4.73, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 26th.
Published first on TheFly
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