Bearish flow noted in New York Community Bancorp with 2,111 puts trading, or 1.9x expected. Most active are Apr-23 9 puts and Apr-23 8 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 4.08, while ATM IV is up over 2 points on the day. Earnings are expected on January 25th.
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Published first on TheFly
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