Magnite Inc put volume heavy and directionally bearish
The Fly

Magnite Inc put volume heavy and directionally bearish

Bearish flow noted in Magnite Inc with 1,906 puts trading, or 7x expected. Most active are Nov-24 12.5 puts and Oct-24 12.5 calls, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 9.39, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 7th.

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