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Livent Corp put volume heavy and directionally bearish

Livent Corp put volume heavy and directionally bearish

Bearish flow noted in Livent Corp with 6,642 puts trading, or 4x expected. Most active are Jan-26 5.5 puts and Nov-24 5.5 puts, with total volume in those strikes near 6,200 contracts. The Put/Call Ratio is 10.35, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 5th.

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