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Bausch Health put volume heavy and directionally bearish
The Fly

Bausch Health put volume heavy and directionally bearish

Bearish flow noted in Bausch Health with 3,560 puts trading, or 1.6x expected. Most active are Jun-25 7 puts and Jul-24 8 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.60, while ATM IV is up over 1 point on the day. Earnings are expected on May 2nd.

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