Bearish flow noted in Centene (CNC) with 3,384 puts trading, or 1.4x expected. Most active are Feb-26 42.5 puts and Jan-27 25 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 2.49, while ATM IV is up over 3 points on the day. Earnings are expected on February 6th.
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