Bearish flow noted in Stellantis (STLA) NV with 2,517 puts trading, or 1.2x expected. Most active are Apr-25 12 puts and Apr-25 13 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 1.80, while ATM IV is up over 26 points on the day. Earnings are expected on July 24th.
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