Bearish flow noted in Eaton (ETN) with 3,143 puts trading, or 2x expected. Most active are 5/2 weekly 260 puts and Jun-25 360 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.52, while ATM IV is up nearly 3 points on the day. Earnings are expected on April 29th.
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