Bearish flow noted in Albemarle with 4,236 puts trading, or 2x expected. Most active are Dec-24 70 puts and 9/13 weekly 85 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 3.06, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.
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