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Groupon put volume heavy and directionally bearish
The Fly

Groupon put volume heavy and directionally bearish

Bearish flow noted in Groupon (GRPN) with 2,635 puts trading, or 2x expected. Most active are Nov-24 12 puts and Nov-24 8.5 calls, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 2.44, while ATM IV is up nearly 26 points on the day. Earnings are expected on November 7th.

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