Bearish flow noted in Truist Financial with 4,062 puts trading, or 3x expected. Most active are 6/7 weekly 36.5 puts and 6/7 weekly 36 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 2.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 22nd.
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