Bearish flow noted in Truist Financial (TFC) with 4,317 puts trading, or 2x expected. Most active are Jun-26 40 puts and Sep-26 40 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.09, while ATM IV is up over 3 points on the day. Earnings are expected on October 17th.
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