Bearish flow noted in Raytheon Technologies with 5,914 puts trading, or 3x expected. Most active are 1/9 weekly 185 puts and 1/9 weekly 195 calls, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 1.61, while ATM IV is up over 1 point on the day. Earnings are expected on January 27th.
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