Bearish flow noted in Salesforce with 6,691 puts trading, or 1.4x expected. Most active are 11/3 weekly 195 puts and Jan-24 210 calls, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 1.81, while ATM IV is up nearly 3 points on the day. Earnings are expected on December 6th.
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