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MetLife put volume heavy and directionally bearish

Bearish flow noted in MetLife with 2,970 puts trading, or 2x expected. Most active are 10/27 weekly 57 puts and 10/27 weekly 60 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 10.65, while ATM IV is up over 1 point on the day. Earnings are expected on November 1st.

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