Bearish flow noted in Altria Group with 2,844 puts trading, or 1.0x expected. Most active are 10/13 weekly 41 puts and 10/6 weekly 43 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 26th.
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