Bearish flow noted in Grupo Financiero with 9,337 puts trading, or 135x expected. Most active are Jun-24 25 puts and Oct-24 25 puts, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 359, while ATM IV is up over 1 point on the day. Earnings are expected on May 22nd.
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Grupo Financiero put volume heavy and directionally bearish
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