Bearish flow noted in CSX (CSX) with 5,482 puts trading, or 6x expected. Most active are Oct-25 34 puts and Jun-27 32.5 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 2.06, while ATM IV is up nearly 3 points on the day. Earnings are expected on October 16th.
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