Bearish flow noted in Capital One with 5,908 puts trading, or 1.7x expected. Most active are 3/22 weekly 135 puts and Mar-24 140 calls, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.
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