Bearish flow noted in General Motors (GM) with 5,993 puts trading, or 1.5x expected. Most active are 4/2 weekly 75 puts and May-26 80 calls, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 1.73, while ATM IV is up over 1 point on the day. Earnings are expected on April 28th.
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