Corebridge Financial put volume heavy and directionally bearish
The Fly

Corebridge Financial put volume heavy and directionally bearish

Bearish flow noted in Corebridge Financial with 2,340 puts trading, or 1.4x expected. Most active are Aug-24 29 puts and Jul-24 30 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 61.58, while ATM IV is up nearly 3 points on the day. Earnings are expected on August 2nd.

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