Bearish flow noted in Stellantis NV with 13,057 puts trading, or 12x expected. Most active are Aug-24 17 puts and Jan-26 27 calls, with total volume in those strikes near 11,800 contracts. The Put/Call Ratio is 7.30, while ATM IV is up over 1 point on the day. Earnings are expected on July 25th.
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