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Charles Schwab put volume heavy and directionally bearish

Charles Schwab put volume heavy and directionally bearish

Bearish flow noted in Charles Schwab with 10,059 puts trading, or 1.8x expected. Most active are 9/13 weekly 62 puts and Dec-24 60 puts, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 5.74, while ATM IV is up over 1 point on the day. Earnings are expected on October 15th.

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