Thermo Fisher put volume heavy and directionally bearish
The Fly

Thermo Fisher put volume heavy and directionally bearish

Bearish flow noted in Thermo Fisher with 1,140 puts trading, or 1.1x expected. Most active are Mar-24 510 puts and Sep-23 550 calls, with total volume in those strikes near 360 contracts. The Put/Call Ratio is 1.54, while ATM IV is up over 1 point on the day. Earnings are expected on October 25th.

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