Bearish flow noted in General Motors (GM) with 7,625 puts trading, or 1.1x expected. Most active are 3/27 weekly 73 puts and 5/1 weekly 75 puts, with total volume in those strikes near 3,600 contracts. The Put/Call Ratio is 2.07, while ATM IV is up over 3 points on the day. Earnings are expected on April 28th.
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