Blackstone put volume heavy and directionally bearish
The Fly

Blackstone put volume heavy and directionally bearish

Bearish flow noted in Blackstone with 10,836 puts trading, or 1.4x expected. Most active are Apr-24 120 puts and May-24 115 puts, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 2.70, while ATM IV is up over 1 point on the day. Earnings are expected on April 18th.

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