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Zions Bancorp put volume heavy and directionally bearish
The Fly

Zions Bancorp put volume heavy and directionally bearish

Bearish flow noted in Zions Bancorp with 3,239 puts trading, or 2x expected. Most active are Oct-23 32.5 puts and 10/6 weekly 32 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 3.63, while ATM IV is up over 5 points on the day. Earnings are expected on October 18th.

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