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Stellantis NV put volume heavy and directionally bearish

Stellantis NV put volume heavy and directionally bearish

Bearish flow noted in Stellantis NV with 4,321 puts trading, or 4x expected. Most active are Nov-23 18 puts and Dec-23 17 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.25, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 22nd.

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