Bearish flow noted in Alight (ALIT) with 1,002 puts trading, or 1.3x expected. Most active are Mar-25 6 puts and Jan-26 7 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 9.63, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 7th.
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