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Manchester United put volume heavy and directionally bearish
The Fly

Manchester United put volume heavy and directionally bearish

Bearish flow noted in Manchester United with 6,278 puts trading, or 7x expected. Most active are Feb-24 20 puts and Mar-24 19 puts, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 8.04, while ATM IV is up over 41 points on the day. Earnings are expected on January 17th.

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