Bearish flow noted in Eaton (ETN) with 3,101 puts trading, or 2x expected. Most active are Mar-25 250 puts and Mar-25 272.5 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 2.99, while ATM IV is up nearly 3 points on the day. Earnings are expected on April 29th.
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