Bearish flow noted in Pinterest with 14,773 puts trading, or 3x expected. Most active are 9/22 weekly 25.5 puts and 9/22 weekly 25.5 calls, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 1.94, while ATM IV is up over 1 point on the day. Earnings are expected on October 26th.
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