Bank of America put volume heavy and directionally bearish
The Fly

Bank of America put volume heavy and directionally bearish

Bearish flow noted in Bank of America with 26,196 puts trading, or 2x expected. Most active are Jun-24 39 puts and Sep-24 30 puts, with total volume in those strikes near 16,200 contracts. The Put/Call Ratio is 1.64, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 16th.

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