Bearish flow noted in Vodafone with 5,703 puts trading, or 2x expected. Most active are Dec-22 11 puts and Dec-22 12 puts, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 4.99, while ATM IV is up over 1 point on the day. Earnings are expected on May 16th.
Published first on TheFly
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