Bearish flow noted in GSK (GSK) Pharma with 6,749 puts trading, or 5x expected. Most active are Jun-25 39 puts and 6/27 weekly 36 puts, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 3.97, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 30th.
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