Bearish flow noted in Verizon (VZ) with 68,532 puts trading, or 4x expected. Most active are 9/5 weekly 44 puts and 9/5 weekly 43.5 puts, with total volume in those strikes near 42,000 contracts. The Put/Call Ratio is 1.71, while ATM IV is up over 2 points on the day. Earnings are expected on October 21st.
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