Bearish flow noted in Liquidia (LQDA) Technologies with 5,592 puts trading, or 1.8x expected. Most active are Nov-25 15 puts and Oct-25 30 calls, with total volume in those strikes near 5,700 contracts. The Put/Call Ratio is 3.65, while ATM IV is up over 5 points on the day. Earnings are expected on November 12th.
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