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SL Green Realty put volume heavy and directionally bearish

Bearish flow noted in SL Green Realty with 3,416 puts trading, or 1.0x expected. Most active are Oct-23 35 puts and Aug-23 35 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 5.35, while ATM IV is up nearly 3 points on the day. Earnings are expected on October 18th.

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