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Colgate Palmolive put volume heavy and directionally bearish
The Fly

Colgate Palmolive put volume heavy and directionally bearish

Bearish flow noted in Colgate Palmolive with 58,401 puts trading, or 43x expected. Most active are Jun-24 60 puts and May-24 60 puts, with total volume in those strikes near 57,100 contracts. The Put/Call Ratio is 93.74, while ATM IV is up over 1 point on the day. Earnings are expected on October 27th.

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