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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 4,737 puts trading, or 4x expected. Most active are Oct-23 30 puts and Oct-23 35 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.28, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 18th.

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