Bearish flow noted in Stellantis (STLA) NV with 2,228 puts trading, or 1.3x expected. Most active are Jun-25 9 puts and Jan-26 10 calls, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 1.97, while ATM IV is up over 1 point on the day. Earnings are expected on February 26th.
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