Vodafone put volume heavy and directionally bearish
The Fly

Vodafone put volume heavy and directionally bearish

Bearish flow noted in Vodafone with 1,226 puts trading, or 1.1x expected. Most active are Apr-24 7 puts and 4/5 weekly 8 calls, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 2.25, while ATM IV is up over 1 point on the day. Earnings are expected on May 14th.

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