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MetLife put volume heavy and directionally bearish

Bearish flow noted in MetLife with 9,595 puts trading, or 10x expected. Most active are Dec-23 55 puts and Dec-23 57.5 puts, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 9.84, while ATM IV is up over 2 points on the day. Earnings are expected on November 1st.

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