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Icahn Enterprises put volume heavy and directionally bearish
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Icahn Enterprises put volume heavy and directionally bearish

Bearish flow noted in Icahn Enterprises with 2,810 puts trading, or 5x expected. Most active are Nov-23 17.5 puts and Oct-23 22.5 calls, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 1.67, while ATM IV is up over 16 points on the day. Earnings are expected on November 2nd.

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