Bearish flow noted in QXO (QXO) Inc with 7,925 puts trading, or 3x expected. Most active are Nov-25 17 puts and Oct-25 20 calls, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 1.62, while ATM IV is up nearly 3 points on the day. Earnings are expected on November 6th.
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