Bearish flow noted in Citi (C) with 15,768 puts trading, or 1.1x expected. Most active are May-25 60 puts and Jan-26 65 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 1.53, while ATM IV is up nearly 3 points on the day. Earnings are expected on April 15th.
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