Bearish flow noted in Viatris (VTRS) with 3,655 puts trading, or 10x expected. Most active are Apr-25 8 puts and Jan-26 8 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 14.11, while ATM IV is up over 3 points on the day. Earnings are expected on May 8th.
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