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.
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Published first on TheFly
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