AstraZeneca put volume heavy and directionally bearish
The Fly

AstraZeneca put volume heavy and directionally bearish

Bearish flow noted in AstraZeneca with 4,352 puts trading, or 2x expected. Most active are 3/22 weekly 66 puts and 3/28 weekly 66 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 4.60, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.

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