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Nasdaq put volume heavy and directionally bearish

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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