Bearish flow noted in Fiserv (FISV) Inc with 11,000 puts trading, or 1.8x expected. Most active are Dec-25 55 puts and Dec-25 70 calls, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 2.53, while ATM IV is up over 1 point on the day. Earnings are expected on February 4th.
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