Bearish flow noted in Vertiv (VRT) Holdings with 7,046 puts trading, or 1.5x expected. Most active are 6/5 weekly 220 puts and 5/1 weekly 275 puts, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 2.17, while ATM IV is up nearly 2 points on the day. Earnings are expected on July 29th.
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