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Nasdaq put volume heavy and directionally bearish
The Fly

Nasdaq put volume heavy and directionally bearish

Bearish flow noted in Nasdaq with 3,529 puts trading, or 3x expected. Most active are Sep-24 70 puts and Sep-24 65 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 22.92, while ATM IV is up over 2 points on the day. Earnings are expected on October 23rd.

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