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Viatris put volume heavy and directionally bearish
The Fly

Viatris put volume heavy and directionally bearish

Bearish flow noted in Viatris with 2,607 puts trading, or 1.6x expected. Most active are Feb-23 11.5 puts and Jan-24 12 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 1.76, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 27th.

Published first on TheFly

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