Bearish flow noted in Blue Owl Capital (OWL) with 9,272 puts trading, or 5x expected. Most active are Feb-26 15 puts and Nov-25 16 puts, with total volume in those strikes near 8,800 contracts. The Put/Call Ratio is 5.64, while ATM IV is up over 2 points on the day. Earnings are expected on October 30th.
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