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Blackstone Mortgage put volume heavy and directionally bearish
The Fly

Blackstone Mortgage put volume heavy and directionally bearish

Bearish flow noted in Blackstone Mortgage with 1,581 puts trading, or 1.4x expected. Most active are Feb-24 19 puts and Feb-24 18 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 3.11, while ATM IV is up over 1 point on the day. Earnings are expected on February 14th.

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