Bearish flow noted in ZIM Integrated Shipping Services with 1,971 puts trading, or 1.1x expected. Most active are 3/3 weekly 23.5 puts and 4/14 weekly 25 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 1.57, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 13th.
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Published first on TheFly
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