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Spirit AeroSystems put volume heavy and directionally bearish
The Fly

Spirit AeroSystems put volume heavy and directionally bearish

Bearish flow noted in Spirit AeroSystems with 10,909 puts trading, or 5x expected. Most active are Jan-25 5 puts and Jan-24 25 calls, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 46.42, while ATM IV is up over 1 point on the day. Earnings are expected on November 1st.

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