Bearish flow noted in Vodafone with 2,658 puts trading, or 1.5x expected. Most active are Dec-22 11 puts and Apr-23 10 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 2.86, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 16th.
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