Bearish flow noted in Truist Financial with 3,057 puts trading, or 1.5x expected. Most active are Sep-24 30 calls and May-24 37.5 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.70, while ATM IV is up over 1 point on the day. Earnings are expected on July 22nd.
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