Bearish flow noted in Sirius XM with 43,860 puts trading, or 7x expected. Most active are Nov-22 6.5 puts and 12/23 weekly 6 puts, with total volume in those strikes near 42,000 contracts. The Put/Call Ratio is 74.85, while ATM IV is up over 1 point on the day. Earnings are expected on January 31st.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on SIRI:
