Bearish flow noted in Ally Financial with 3,693 puts trading, or 1.4x expected. Most active are 12/22 weekly 27 puts and 12/8 weekly 29 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 1.75, while ATM IV is up over 1 point on the day. Earnings are expected on January 19th.
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