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Mobileye put volume heavy and directionally bearish

Bearish flow noted in Mobileye with 27,154 puts trading, or 14x expected. Most active are Jan-25 12 puts and Nov-24 9 puts, with total volume in those strikes near 25,500 contracts. The Put/Call Ratio is 11.90, while ATM IV is up over 2 points on the day. Earnings are expected on October 31st.

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