Bearish flow noted in Zions Bancorp with 1,461 puts trading, or 1.5x expected. Most active are Oct-23 30 puts and Oct-23 37.5 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.96, while ATM IV is up over 2 points on the day. Earnings are expected on October 18th.
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