Bearish flow noted in Zions Bancorp with 9,578 puts trading, or 2x expected. Most active are Jan-24 25 puts and Jan-24 20 puts, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 3.39, while ATM IV is up over 5 points on the day. Earnings are expected on October 18th.
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