Bearish flow noted in Stellantis (STLA) NV with 4,732 puts trading, or 1.6x expected. Most active are Apr-25 11 puts and 4/4 weekly 11 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 1.62, while ATM IV is up nearly 6 points on the day. Earnings are expected on July 24th.
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