Bearish flow noted in Stellantis NV with 3,979 puts trading, or 6x expected. Most active are Aug-23 18 puts and Aug-23 20 calls, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 1.93, while ATM IV is up over 1 point on the day. Earnings are expected on July 26th.
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