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Bill.com Holdings put volume heavy and directionally bearish

Bearish flow noted in Bill (BILL).com Holdings with 1,336 puts trading, or 4x expected. Most active are Nov-25 50 puts and Nov-25 75 calls, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 1.67, while ATM IV is up over 1 point on the day. Earnings are expected on November 6th.

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