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AIG put volume heavy and directionally bearish

Bearish flow noted in AIG (AIG) with 2,319 puts trading, or 1.4x expected. Most active are 11/1 weekly 77 puts and Dec-24 65 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 4.77, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 4th.

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