Bearish flow noted in STMicroelectronics with 2,813 puts trading, or 3x expected. Most active are Jun-25 25 puts and Sep-24 32 calls, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 2 points on the day. Earnings are expected on October 24th.
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