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Lincoln National put volume heavy and directionally bearish
The Fly

Lincoln National put volume heavy and directionally bearish

Bearish flow noted in Lincoln National with 2,816 puts trading, or 3x expected. Most active are Dec-23 22.5 puts and Dec-23 25 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 14.90, while ATM IV is up over 1 point on the day. Earnings are expected on February 7th.

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