Bearish flow noted in Capital One (COF) with 2,321 puts trading, or 1.2x expected. Most active are Nov-25 210 puts and 10/3 weekly 220 puts, with total volume in those strikes near 940 contracts. The Put/Call Ratio is 1.71, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 21st.
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