Bearish flow noted in Truist Financial with 3,555 puts trading, or 1.7x expected. Most active are Dec-23 25 puts and 9/29 weekly 30 calls, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 1.56, while ATM IV is up over 3 points on the day. Earnings are expected on October 19th.
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