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JPMorgan put volume heavy and directionally bearish

JPMorgan put volume heavy and directionally bearish

Bearish flow noted in JPMorgan with 14,504 puts trading, or 2x expected. Most active are 9/13 weekly 215 puts and 9/13 weekly 210 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 1.51, while ATM IV is up nearly 3 points on the day. Earnings are expected on October 11th.

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