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Bill.com Holdings put volume heavy and directionally bearish

Bearish flow noted in Bill.com Holdings with 1,813 puts trading, or 1.3x expected. Most active are Nov-23 110 puts and 10/13 weekly 110 puts, with total volume in those strikes near 280 contracts. The Put/Call Ratio is 2.05, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 2nd.

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