Bearish flow noted in SL Green Realty with 15,841 puts trading, or 5x expected. Most active are Jul-23 35 puts and Jul-23 40 calls, with total volume in those strikes near 12,000 contracts. The Put/Call Ratio is 3.77, while ATM IV is up nearly 16 points on the day. Earnings are expected on July 19th.
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Read More on SLG:
- SL Green Realty Corp. Reports Second Quarter 2023 EPS of ($5.63) per Share; and FFO of $1.43 per Share
- SL Green Realty Corp (SLG) Q2 Earnings Cheat Sheet
- SL Green Realty put volume heavy and directionally bearish
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