Bearish flow noted in Toronto Dominion Bank with 2,433 puts trading, or 1.5x expected. Most active are Apr-23 57.5 puts and Jul-23 50 puts, with total volume in those strikes near 820 contracts. The Put/Call Ratio is 5.59, while ATM IV is up over 1 point on the day. Earnings are expected on May 25th.
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Published first on TheFly
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