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Toronto Dominion Bank put volume heavy and directionally bearish

Toronto Dominion Bank put volume heavy and directionally bearish

Bearish flow noted in Toronto Dominion Bank with 1,530 puts trading, or 1.5x expected. Most active are Oct-24 55 puts and Nov-24 55 puts, with total volume in those strikes near 670 contracts. The Put/Call Ratio is 1.86, while ATM IV is up nearly 2 points on the day. Earnings are expected on December 5th.

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