Bearish flow noted in SL Green Realty with 1,875 puts trading, or 1.7x expected. Most active are Mar-24 42.5 puts and Feb-24 45 calls, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 3.54, while ATM IV is up over 2 points on the day. Earnings are expected on April 17th.
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Read More on SLG:
- SL Green Realty Corp. Announces Date of 2024 Annual Meeting of Stockholders
- SL Green Realty Adjusts Executive Bonus Calculation Method
- SL Green Realty put volume heavy and directionally bearish
- SL Green Realty initiated with a Hold at Deutsche Bank
- SL Green Realty price target raised to $58 from $56 at Piper Sandler
