Bearish flow noted in KKR (KKR) with 1,547 puts trading, or 1.2x expected. Most active are Jan-26 95 puts and Jun-27 130 puts, with total volume in those strikes near 880 contracts. The Put/Call Ratio is 1.56, while ATM IV is up over 1 point on the day. Earnings are expected on July 31st.
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