Bearish flow noted in Analog Devices with 4,099 puts trading, or 2x expected. Most active are 9/13 weekly 205 puts and Sep-24 202.5 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 3.85, while ATM IV is up over 1 point on the day. Earnings are expected on November 20th.
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