Bearish flow noted in Bank of America with 23,327 puts trading, or 1.8x expected. Most active are 10/4 weekly 39 puts and Oct-24 42 puts, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 1.53, while ATM IV is up over 2 points on the day. Earnings are expected on October 15th.
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