Bearish flow noted in Eaton (ETN) with 3,050 puts trading, or 2x expected. Most active are 4/10 weekly 305 puts and Jun-26 320 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 18.94, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.
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