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Manchester United put volume heavy and directionally bearish

Bearish flow noted in Manchester United with 2,094 puts trading, or 1.0x expected. Most active are Oct-23 30 calls and Oct-23 18 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 1.51, while ATM IV is up over 3 points on the day. Earnings are expected on September 21st.

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