Eaton put volume heavy and directionally bearish

Bearish flow noted in Eaton with 3,501 puts trading, or 2x expected. Most active are Jul-24 280 puts and Oct-24 280 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 1.98, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.