Bearish flow noted in Truist Financial with 3,442 puts trading, or 1.5x expected. Most active are 4/5 weekly 38 puts and 4/12 weekly 38 puts, with total volume in those strikes near 880 contracts. The Put/Call Ratio is 2.53, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 22nd.
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