Bearish flow noted in Kodak with 3,096 puts trading, or 5x expected. Most active are Apr-25 5 puts and Jul-25 5 calls, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 3.81, while ATM IV is up over 3 points on the day. Earnings are expected on March 13th.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
