Bearish flow noted in BlackBerry with 6,536 puts trading, or 6x expected. Most active are Oct-23 5 puts and 9/8 weekly 5 calls, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 4.30, while ATM IV is up nearly 17 points on the day. Earnings are expected on September 28th.
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