Notable Put Buying Activity in CBL & Assoc. Properties (CBL) Targets 9.5% Downside in Shares by mid-September -Susquehanna

Susquehanna options strategist Alison Edwards notes bearish options activity in CBL & Assoc. Properties (NYSE: CBL), as an opening investor appeared to purchase 5,000 Sep 5 Puts for $1.20. This bearish investor breaks even in the event of a 9.5% pullback through mid-September.

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