Bearish flow noted in Mosaic with 3,110 puts trading, or 1.8x expected. Most active are 10/11 weekly 26 puts and 10/11 weekly 25.5 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 2.93, while ATM IV is up over 2 points on the day. Earnings are expected on November 5th.
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