Friday, 1 December 2023

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Fifth Third put volume heavy and directionally bearish – TipRanks Financial Blog

Lincoln National cut to Neutral at BofA due to $2.1B life reserve charge

Bearish flow noted in Fifth Third with 18,548 puts trading, or 3x expected. Most active are Apr-23 20 puts and Apr-23 32 calls, with total volume in those strikes near 17,300 contracts. The Put/Call Ratio is 1.78, while ATM IV is up over 10 points on the day. Earnings are expected on April 20th.

Published first on TheFly

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