Bearish flow noted in General Motors (GM) with 15,113 puts trading, or 1.8x expected. Most active are 4/11 weekly 44 puts and 4/25 weekly 45 puts, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 3.43, while ATM IV is up over 5 points on the day. Earnings are expected on April 29th.
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