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Aptiv put volume heavy and directionally bearish

Aptiv put volume heavy and directionally bearish

Bearish flow noted in Aptiv (APTV) with 6,701 puts trading, or 2x expected. Most active are Nov-24 65 puts and Nov-24 70 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.92, while ATM IV is up nearly 5 points on the day. Earnings are expected on January 29th.

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