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Vodafone put volume heavy and directionally bearish

Bearish flow noted in Vodafone with 1,872 puts trading, or 4x expected. Most active are Jan-24 10 puts and Jan-24 14 puts, with total volume in those strikes near 760 contracts. The Put/Call Ratio is 1.58, while ATM IV is up over 3 points on the day. Earnings are expected on November 14th.

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