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Beyond Meat put volume heavy and directionally bearish

Bearish flow noted in Beyond Meat with 3,985 puts trading, or 1.1x expected. Most active are Jan-26 3 puts and Nov-23 11 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 1.78, while ATM IV is up nearly 5 points on the day. Earnings are expected on November 8th.

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