Bearish flow noted in JetBlue with 14,509 puts trading, or 11x expected. Most active are Aug-24 5 puts and Aug-24 5.5 calls, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 1.95, while ATM IV is up nearly 5 points on the day. Earnings are expected on October 29th.
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