Bearish flow noted in American Airlines with 60,979 puts trading, or 1.6x expected. Most active are Oct-24 10 puts and 9/27 weekly 11 puts, with total volume in those strikes near 33,900 contracts. The Put/Call Ratio is 2.84, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 24th.
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