Bearish flow noted in Western Union (WU) with 1,522 puts trading, or 1.1x expected. Most active are Feb-26 8 puts and Sep-25 8 puts, with total volume in those strikes near 620 contracts. The Put/Call Ratio is 2.19, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 22nd.
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