Bearish flow noted in Enbridge with 1,968 puts trading, or 1.1x expected. Most active are Jan-24 27.5 puts and Oct-23 32.5 puts, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 7.63, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 9th.
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