Bearish flow noted in VMware with 2,879 puts trading, or 1.2x expected. Most active are Jan-24 142.6 puts and Jan-24 110 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 6.97, while ATM IV is up over 1 point on the day. Earnings are expected on November 30th.
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