Bearish flow noted in Globe Life with 4,059 puts trading, or 1.6x expected. Most active are May-24 80 puts and May-24 85.5 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 1.63, while ATM IV is up over 5 points on the day. Earnings are expected on July 31st.
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