Bearish flow noted in JetBlue (JBLU) with 4,436 puts trading, or 1.4x expected. Most active are Dec-24 7 puts and Mar-25 3 puts, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 2.50, while ATM IV is up nearly 3 points on the day. Earnings are expected on January 28th.
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