Bearish flow noted in STMicroelectronics (STM) with 3,092 puts trading, or 7x expected. Most active are Apr-26 28 puts and Apr-26 35 calls, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 7.38, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 23rd.
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