Bearish flow noted in Lyft with 3,310 puts trading, or 1.9x expected. Most active are 11/3 weekly 9 puts and 11/3 weekly 9.5 calls, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 1.52, while ATM IV is up over 1 point on the day. Earnings are expected on November 8th.
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