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Zeta Global Holdings put volume heavy and directionally bearish

Bearish flow noted in Zeta Global Holdings with 1,755 puts trading, or 5x expected. Most active are Sep-24 25 puts and Sep-24 25 calls, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 5.64, while ATM IV is up over 1 point on the day. Earnings are expected on October 31st.

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