Bearish flow noted in Truist Financial (TFC) with 3,848 puts trading, or 3x expected. Most active are Apr-25 36 puts and Aug-25 37.5 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 1.63, while ATM IV is up over 3 points on the day. Earnings are expected on April 17th.
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