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Datadog put volume heavy and directionally bearish

Bearish flow noted in Datadog with 5,769 puts trading, or 2x expected. Most active are Oct-23 86 puts and Oct-23 85 puts, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 2.88, while ATM IV is up nearly 4 points on the day. Earnings are expected on November 9th.

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