Bearish flow noted in Bank OZK with 8,690 puts trading, or 1.8x expected. Most active are Oct-23 30 puts and May-23 20 puts, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 16.33, while ATM IV is up nearly 11 points on the day. Earnings are expected on April 20th.
Published first on TheFly
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