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Corebridge Financial put volume heavy and directionally bearish
The Fly

Corebridge Financial put volume heavy and directionally bearish

Bearish flow noted in Corebridge Financial with 4,827 puts trading, or 1.0x expected. Most active are Oct-24 22.5 puts and May-24 32 calls, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 16.20, while ATM IV is up over 1 point on the day. Earnings are expected on August 2nd.

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