Bearish flow noted in GEO Group (GEO) with 1,113 puts trading, or 3x expected. Most active are Nov-24 15 puts and Dec-24 18 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.95, while ATM IV is up over 1 point on the day. Earnings are expected on November 7th.
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GEO Group put volume heavy and directionally bearish
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