Bearish flow noted in Visa Inc with 5,498 puts trading, or 1.3x expected. Most active are Oct-23 237.5 puts and Jan-24 230 puts, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 1.77, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.
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