Bearish flow noted in Blackstone (BX) with 7,044 puts trading, or 1.9x expected. Most active are Jul-25 105 puts and Jul-25 115 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.94, while ATM IV is up over 20 points on the day. Earnings are expected on April 17th.
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