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Vertiv Holdings put volume heavy and directionally bearish

Vertiv Holdings put volume heavy and directionally bearish

Bearish flow noted in Vertiv Holdings with 10,212 puts trading, or 3x expected. Most active are Nov-24 50 puts and Oct-24 77.5 calls, with total volume in those strikes near 8,400 contracts. The Put/Call Ratio is 1.58, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 23rd.

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