Bearish flow noted in Annaly Capital with 2,230 puts trading, or 1.3x expected. Most active are Aug-24 19.5 puts and Sep-24 20 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.68, while ATM IV is up over 2 points on the day. Earnings are expected on October 23rd.
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