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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 (LYV) with 6,561 puts trading, or 3x expected. Most active are Nov-24 115 puts and Nov-24 135 calls, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 2.57, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 11th.

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