State Street put volume heavy and directionally bearish

Bearish flow noted in State Street with 2,255 puts trading, or 1.3x expected. Most active are Jan-24 67.5 puts and Jan-24 72.5 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 4.67, while ATM IV is up over 1 point on the day. Earnings are expected on October 18th.