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Applied Therapeutics put volume heavy and directionally bearish

Applied Therapeutics put volume heavy and directionally bearish

Bearish flow noted in Applied Therapeutics with 3,122 puts trading, or 3x expected. Most active are Nov-24 2.5 puts and Jan-25 2.5 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 28.64, while ATM IV is up nearly 4 points on the day. Earnings are expected on November 7th.

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