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Celestica put volume heavy and directionally bearish
The Fly

Celestica put volume heavy and directionally bearish

Bearish flow noted in Celestica with 1,694 puts trading, or 1.2x expected. Most active are 10/25 weekly 58 puts and Nov-24 47.5 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.76, while ATM IV is up over 2 points on the day. Earnings are expected on October 23rd.

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