Bearish flow noted in Workday with 4,097 puts trading, or 8x expected. Most active are 8/30 weekly 200 puts and Aug-24 210 puts, with total volume in those strikes near 3,900 contracts. The Put/Call Ratio is 18.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 22nd.
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