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Skyworks put volume heavy and directionally bearish

Bearish flow noted in Skyworks with 6,226 puts trading, or 9x expected. Most active are Sep-23 94 puts and Oct-23 90 puts, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 2.49, while ATM IV is up nearly 5 points on the day. Earnings are expected on November 2nd.

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