Bearish flow noted in Caesars (CZR) with 19,248 puts trading, or 4x expected. Most active are Nov-25 23 puts and 10/3 weekly 23 puts, with total volume in those strikes near 13,400 contracts. The Put/Call Ratio is 7.34, while ATM IV is up over 1 point on the day. Earnings are expected on November 4th.
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