Bearish flow noted in Kellogg with 1,883 puts trading, or 1.0x expected. Most active are Sep-24 80 puts and Oct-24 80 puts, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 5.64, while ATM IV is up over 1 point on the day. Earnings are expected on October 31st.
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