Bearish flow noted in Icahn Enterprises with 4,350 puts trading, or 1.5x expected. Most active are 9/13 weekly 11.5 puts and Dec-24 15 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.70, while ATM IV is up over 2 points on the day. Earnings are expected on November 1st.
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