Bearish flow noted in Zions Bancorp with 4,737 puts trading, or 4x expected. Most active are Oct-23 30 puts and Oct-23 35 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.28, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 18th.
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Read More on ZION:
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