Bearish flow noted in STMicroelectronics (STM) with 13,812 puts trading, or 10x expected. Most active are Sep-25 27 puts and Aug-25 27 calls, with total volume in those strikes near 13,100 contracts. The Put/Call Ratio is 5.82, while ATM IV is up over 1 point on the day. Earnings are expected on October 23rd.
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