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 3,082 puts trading, or 18x expected. Most active are Nov-24 12.5 puts and Oct-24 12.5 calls, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 38.52, while ATM IV is up over 3 points on the day. Earnings are expected on November 7th.

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