Bearish flow noted in Vertiv Holdings with 2,454 puts trading, or 1.2x expected. Most active are Sep-23 35 puts and Sep-23 37.5 calls, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 2.61, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 25th.
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