Bearish flow noted in Annaly Capital with 3,347 puts trading, or 3x expected. Most active are 11/3 weekly 16 puts and 10/27 weekly 16 puts, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 2.99, while ATM IV is up over 1 point on the day. Earnings are expected on October 25th.
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