Blackstone put volume heavy and directionally bearish
The Fly

Blackstone put volume heavy and directionally bearish

Bearish flow noted in Blackstone with 8,226 puts trading, or 3x expected. Most active are May-24 120 puts and Apr-24 130 calls, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 2.05, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 18th.

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