Bearish flow noted in Weight Watchers with 2,867 puts trading, or 1.5x expected. Most active are Oct-23 12.5 puts and 11/3 weekly 12.5 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.89, while ATM IV is up over 1 point on the day. Earnings are expected on November 2nd.
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