Bearish flow noted in Globalstar (GSAT) with 3,381 puts trading, or 5x expected. Most active are Oct-25 25 puts and Oct-25 38 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 5.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 6th.
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