Bearish flow noted in KKR (KKR) with 3,515 puts trading, or 1.2x expected. Most active are Nov-25 120 puts and Nov-25 130 calls, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 1.73, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 7th.
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