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 3,768 puts trading, or 1.6x expected. Most active are Oct-24 20 puts and Jul-24 22.5 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 63.86, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 3rd.

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