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Toronto Dominion Bank put volume heavy and directionally bearish

Bearish flow noted in Toronto Dominion Bank with 1,530 puts trading, or 1.5x expected. Most active are Oct-24 55 puts and Nov-24 55 puts, with total volume in those strikes near 670 contracts. The Put/Call Ratio is 1.86, while ATM IV is up nearly 2 points on the day. Earnings are expected on December 5th.

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