Bearish flow noted in Symbiotic with 5,718 puts trading, or 1.8x expected. Most active are 8/23 weekly 20 puts and Sep-24 20 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 5.12, while ATM IV is up over 1 point on the day. Earnings are expected on November 25th.
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