Bearish flow noted in General Motors (GM) with 29,468 puts trading, or 3x expected. Most active are May-25 40 puts and 3/7 weekly 45 puts, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 2 points on the day. Earnings are expected on April 29th.
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