Bearish flow noted in Flagstar Financial (FLG) Inc with 21,141 puts trading, or 18x expected. Most active are Jan-26 10 puts and Jan-26 13 calls, with total volume in those strikes near 21,200 contracts. The Put/Call Ratio is 13.91, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.
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