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SL Green Realty put volume heavy and directionally bearish

Bearish flow noted in SL Green Realty with 2,598 puts trading, or 3x expected. Most active are Feb-24 42.5 puts and Jul-24 32.5 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 9.80, while ATM IV is up over 5 points on the day. Earnings are expected on April 17th.

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