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Capital One put volume heavy and directionally bearish
The Fly

Capital One put volume heavy and directionally bearish

Bearish flow noted in Capital One with 1,063 puts trading, or 1.1x expected. Most active are 12/29 weekly 105 puts and Dec-23 100 puts, with total volume in those strikes near 590 contracts. The Put/Call Ratio is 4.22, while ATM IV is up over 1 point on the day. Earnings are expected on January 23rd.

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