Bearish flow noted in Capital One with 2,968 puts trading, or 2.0x expected. Most active are 10/11 weekly 140 puts and 10/11 weekly 129 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 25.81, while ATM IV is up over 2 points on the day. Earnings are expected on October 24th.
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