Bearish flow noted in Stellantis NV with 8,587 puts trading, or 4x expected. Most active are May-24 21 puts and Jun-24 26 puts, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 2.00, while ATM IV is up over 1 point on the day. Earnings are expected on July 25th.
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