Enbridge put volume heavy and directionally bearish
The Fly

Enbridge put volume heavy and directionally bearish

Bearish flow noted in Enbridge with 1,968 puts trading, or 1.1x expected. Most active are Jan-24 27.5 puts and Oct-23 32.5 puts, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 7.63, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 9th.

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