Zions Bancorp put volume heavy and directionally bearish
The Fly

Zions Bancorp put volume heavy and directionally bearish

Bearish flow noted in Zions Bancorp with 3,743 puts trading, or 3x expected. Most active are Jan-24 25 puts and 1/12 weekly 40 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 3.49, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 22nd.

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