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Live Nation put volume heavy and directionally bearish

Live Nation put volume heavy and directionally bearish

Bearish flow noted in Live Nation with 2,574 puts trading, or 3x expected. Most active are Jan-26 80 puts and Jan-25 115 calls, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 2.19, while ATM IV is up over 1 point on the day. Earnings are expected on October 31st.

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