Bearish flow noted in Cinemark (CNK) with 2,428 puts trading, or 1.2x expected. Most active are Jan-26 21 puts and Jan-26 22 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 13.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 18th.
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