Bearish flow noted in Blackstone (BX) with 5,523 puts trading, or 2x expected. Most active are 3/28 weekly 140 puts and 4/4 weekly 130 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 1.87, while ATM IV is up over 3 points on the day. Earnings are expected on April 17th.
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