Bearish flow noted in Trump Media (DJT) with 20,622 puts trading, or 4x expected. Most active are 9/5 weekly 16 puts and 9/5 weekly 16.5 puts, with total volume in those strikes near 7,100 contracts. The Put/Call Ratio is 1.86, while ATM IV is up over 4 points on the day. Earnings are expected on November 7th.
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