Bearish flow noted in Verizon with 11,907 puts trading, or 1.5x expected. Most active are Dec-26 30 puts and 10/11 weekly 44 puts, with total volume in those strikes near 6,600 contracts. The Put/Call Ratio is 2.18, while ATM IV is up over 1 point on the day. Earnings are expected on October 22nd.
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