AbbVie put volume heavy and directionally bearish
The Fly

AbbVie put volume heavy and directionally bearish

Bearish flow noted in AbbVie with 2,165 puts trading, or 1.3x expected. Most active are Sep-24 165 puts and Apr-24 180 puts, with total volume in those strikes near 530 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.

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