Bearish flow noted in Truist Financial with 1,189 puts trading, or 1.4x expected. Most active are 7/26 weekly 42 puts and 7/26 weekly 35 puts, with total volume in those strikes near 730 contracts. The Put/Call Ratio is 1.78, while ATM IV is up over 1 point on the day. Earnings are expected on July 22nd.
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