Applied Materials put volume heavy and directionally bearish
The Fly

Applied Materials put volume heavy and directionally bearish

Bearish flow noted in Applied Materials with 6,128 puts trading, or 2x expected. Most active are 9/27 weekly 190 puts and 9/27 weekly 195 puts, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 1.97, while ATM IV is up over 1 point on the day. Earnings are expected on November 14th.

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