Bearish flow noted in Affirm Holdings with 22,422 puts trading, or 3x expected. Most active are Nov-22 14 puts and Nov-22 15 puts, with total volume in those strikes near 10,600 contracts. The Put/Call Ratio is 1.72, while ATM IV is up over 3 points on the day. Earnings are expected on November 8th.
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Published first on TheFly
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