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Capital One put volume heavy and directionally bearish

Capital One put volume heavy and directionally bearish

Bearish flow noted in Capital One with 2,957 puts trading, or 1.0x expected. Most active are 10/4 weekly 145 puts and 10/11 weekly 142 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 7.99, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.

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