Bearish flow noted in Icici Bank (IBN) with 6,015 puts trading, or 10x expected. Most active are Jun-25 31 puts and Jun-25 32 puts, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 3.24, while ATM IV is up over 2 points on the day. Earnings are expected on July 26th.
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