Bearish flow noted in Celestica with 2,944 puts trading, or 1.5x expected. Most active are 9/13 weekly 43 puts and 10/25 weekly 45 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 1.90, while ATM IV is up over 2 points on the day. Earnings are expected on October 23rd.
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