Bearish flow noted in General Mills (GIS) with 3,121 puts trading, or 1.3x expected. Most active are Feb-25 57.5 puts and Feb-25 60 calls, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 1.94, while ATM IV is up over 1 point on the day. Earnings are expected on March 19th.
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