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SL Green Realty put volume heavy and directionally bearish

Bearish flow noted in SL Green Realty with 5,011 puts trading, or 1.2x expected. Most active are Nov-23 35 puts and Aug-23 37.5 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 2.86, while ATM IV is up over 1 point on the day. Earnings are expected on October 18th.

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