Bearish flow noted in Icahn Enterprises with 1,565 puts trading, or 1.5x expected. Most active are 11/10 weekly 19.5 puts and Nov-23 17.5 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 3.18, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 23rd.
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