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EHang Holdings Ltd put volume heavy and directionally bearish

EHang Holdings Ltd put volume heavy and directionally bearish

Bearish flow noted in EHang (EH) Holdings Ltd with 2,720 puts trading, or 2x expected. Most active are 11/1 weekly 16 puts and Nov-24 18 puts, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 2.39, while ATM IV is up over 5 points on the day. Earnings are expected on November 28th.

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