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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 20,076 puts trading, or 7x expected. Most active are Feb-24 16 puts and Feb-24 15 puts, with total volume in those strikes near 9,100 contracts. The Put/Call Ratio is 21.33, while ATM IV is up nearly 7 points on the day. Earnings are expected on February 14th.

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