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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