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Infosys put volume heavy and directionally bearish

Bearish flow noted in Infosys (INFY) with 14,550 puts trading, or 4x expected. Most active are Oct-25 16 puts and Nov-25 16 puts, with total volume in those strikes near 14,300 contracts. The Put/Call Ratio is 105, while ATM IV is up over 1 point on the day. Earnings are expected on October 16th.

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