Visa Inc put volume heavy and directionally bearish

Bearish flow noted in Visa (V) Inc with 7,564 puts trading, or 3x expected. Most active are Mar-25 332.5 puts and Mar-25 330 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 2.64, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 29th.

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