Bearish flow noted in Ally Financial with 1,278 puts trading, or 2x expected. Most active are 6/14 weekly 37.5 puts and 6/14 weekly 38.5 puts, with total volume in those strikes near 640 contracts. The Put/Call Ratio is 6.09, while ATM IV is up over 1 point on the day. Earnings are expected on July 17th.
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