Bearish flow noted in ZIM Integrated (ZIM) Shipping Services with 11,919 puts trading, or 3x expected. Most active are Feb-25 17.16 puts and Jan-25 18.16 calls, with total volume in those strikes near 10,600 contracts. The Put/Call Ratio is 4.05, while ATM IV is up over 1 point on the day. Earnings are expected on March 19th.
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