Bearish flow noted in Oak Street Health with 4,238 puts trading, or 2x expected. Most active are Feb-23 25 puts and Apr-23 30 calls, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 23.16, while ATM IV is up nearly 6 points on the day. Earnings are expected on February 27th.
Published first on TheFly
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