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Applied Therapeutics put volume heavy and directionally bearish
The Fly

Applied Therapeutics put volume heavy and directionally bearish

Bearish flow noted in Applied Therapeutics with 4,299 puts trading, or 1.6x expected. Most active are Dec-24 5 puts and Oct-24 7.5 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 29.05, while ATM IV is up over 22 points on the day. Earnings are expected on November 7th.

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