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Toronto Dominion Bank put volume heavy and directionally bearish

Bearish flow noted in Toronto Dominion Bank with 14,001 puts trading, or 7x expected. Most active are Oct-24 55 puts and Oct-24 57.5 puts, with total volume in those strikes near 5,500 contracts. The Put/Call Ratio is 2.24, while ATM IV is up over 1 point on the day. Earnings are expected on December 5th.

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