Etrade attracts increased put activity
Etrade attracts increased put activity. The flow includes 1K Oct 28 - 29 put spreads at 45c and 1K Oct 28 - 30 put spreads at $1.15, which are likely closing sales. Meanwhile, 2K Nov 28 puts are bought for 89c, to open. The overall action this morning is likely rolling defensive positions to Nov from Oct. It comes ahead of earnings on 10/20. Total volume is 7.7K puts and just 30 calls.