Bearish flow noted in Sirius XM (SIRI) with 9,533 puts trading, or 8x expected. Most active are Nov-25 21 puts and Aug-25 22 calls, with total volume in those strikes near 9,800 contracts. The Put/Call Ratio is 3.02, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.
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