Bearish flow noted in Joby Aviation (JOBY) with 11,779 puts trading, or 2x expected. Most active are Jan-26 5 puts and 8/29 weekly 15.5 calls, with total volume in those strikes near 10,500 contracts. The Put/Call Ratio is 3.24, while ATM IV is up over 2 points on the day. Earnings are expected on November 5th.
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