Amphenol put volume heavy and directionally bearish

Bearish flow noted in Amphenol with 18,571 puts trading, or 7x expected. Most active are Oct-24 60 puts and Oct-24 62.5 puts, with total volume in those strikes near 17,000 contracts. The Put/Call Ratio is 12.30, while ATM IV is up over 7 points on the day. Earnings are expected on October 23rd.