Bearish flow noted in Virgin Galactic with 2,347 puts trading, or 2x expected. Most active are 8/30 weekly 7 puts and Oct-24 5 puts, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 2.26, while ATM IV is up over 1 point on the day. Earnings are expected on November 6th.
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