Bearish flow noted in Zions Bancorp with 2,085 puts trading, or 1.0x expected. Most active are Jul-24 45 calls and Jul-24 35 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.88, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 22nd.
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