Bearish flow noted in Vornado with 6,054 puts trading, or 10x expected. Most active are Oct-23 22.5 puts and Dec-23 25 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 10.97, while ATM IV is up over 7 points on the day. Earnings are expected on October 30th.
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