Bearish flow noted in Coca Cola with 16,202 puts trading, or 1.1x expected. Most active are 4/25 weekly 71 puts and 4/25 weekly 74 calls, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 2.23, while ATM IV is up over 1 point on the day. Earnings are expected on April 29th.
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