Bearish flow noted in Stellantis NV with 2,321 puts trading, or 1.8x expected. Most active are Jan-25 20 puts and Jan-26 20 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 3.00, while ATM IV is up over 1 point on the day. Earnings are expected on July 25th.
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