Charles Schwab put volume heavy and directionally bearish
The Fly

Charles Schwab put volume heavy and directionally bearish

Bearish flow noted in Charles Schwab with 10,252 puts trading, or 1.9x expected. Most active are Oct-24 62.5 puts and 9/27 weekly 51 puts, with total volume in those strikes near 6,600 contracts. The Put/Call Ratio is 8.83, while ATM IV is up over 1 point on the day. Earnings are expected on October 15th.

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