Bearish flow noted in Wal-Mart with 25,283 puts trading, or 2x expected. Most active are Nov-24 72.5 puts and Nov-24 85 calls, with total volume in those strikes near 12,300 contracts. The Put/Call Ratio is 2.01, while ATM IV is up over 1 point on the day. Earnings are expected on November 19th.
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