Bearish flow noted in Sirius XM (SIRI) with 1,811 puts trading, or 1.2x expected. Most active are Oct-25 21 puts and Dec-25 21 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 2.22, while ATM IV is up nearly 4 points on the day. Earnings are expected on October 30th.
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