Bearish flow noted in STMicroelectronics (STM) with 3,204 puts trading, or 1.2x expected. Most active are Feb-25 21 puts and Apr-25 22 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 3.38, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.
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