Bearish flow noted in General Motors (GM) with 15,771 puts trading, or 1.6x expected. Most active are Jul-25 49 puts and Dec-25 39 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 1.50, while ATM IV is up over 1 point on the day. Earnings are expected on July 22nd.
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