Bearish flow noted in Mosaic with 12,131 puts trading, or 5x expected. Most active are 9/22 weekly 40 puts and 9/29 weekly 35.5 puts, with total volume in those strikes near 4,500 contracts. The Put/Call Ratio is 1.83, while ATM IV is up over 4 points on the day. Earnings are expected on November 6th.
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