Albemarle put volume heavy and directionally bearish
The Fly

Albemarle put volume heavy and directionally bearish

Bearish flow noted in Albemarle with 4,236 puts trading, or 2x expected. Most active are Dec-24 70 puts and 9/13 weekly 85 puts, with total volume in those strikes near 3,400 contracts. The Put/Call Ratio is 3.06, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.

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