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Corebridge Financial put volume heavy and directionally bearish

Bearish flow noted in Corebridge Financial with 4,139 puts trading, or 4x expected. Most active are Nov-24 30 puts and Nov-24 28 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 38.32, while ATM IV is up over 1 point on the day. Earnings are expected on November 4th.

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