Bearish flow noted in ZIM Integrated (ZIM) Shipping Services with 6,142 puts trading, or 2x expected. Most active are Dec-24 20 puts and Nov-24 25 calls, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 1.66, while ATM IV is up over 6 points on the day. Earnings are expected on November 20th.
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