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Symbiotic put volume heavy and directionally bearish

Symbiotic put volume heavy and directionally bearish

Bearish flow noted in Symbiotic with 10,138 puts trading, or 1.9x expected. Most active are Sep-24 23 puts and Sep-24 20 puts, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 3.41, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 25th.

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