Bearish flow noted in Zions Bancorp with 21,601 puts trading, or 20x expected. Most active are Mar-24 30 puts and 2/23 weekly 32 puts, with total volume in those strikes near 8,100 contracts. The Put/Call Ratio is 6.46, while ATM IV is up nearly 14 points on the day. Earnings are expected on April 22nd.
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