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MetLife put volume heavy and directionally bearish

Bearish flow noted in MetLife with 2,229 puts trading, or 1.8x expected. Most active are Jan-26 70 puts and 10/11 weekly 81 puts, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 11.92, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.

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