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Celestica put volume heavy and directionally bearish

Celestica put volume heavy and directionally bearish

Bearish flow noted in Celestica with 6,534 puts trading, or 3x expected. Most active are 10/4 weekly 47 puts and 9/27 weekly 45 puts, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 10.24, while ATM IV is up over 1 point on the day. Earnings are expected on October 23rd.

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