Bearish flow noted in General Mills (GIS) with 1,039 puts trading, or 1.6x expected. Most active are Feb-25 60 puts and Mar-25 62.5 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 8.59, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 19th.
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