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Dicks put volume heavy and directionally bearish
The Fly

Dicks put volume heavy and directionally bearish

Bearish flow noted in Dicks with 3,247 puts trading, or 1.4x expected. Most active are 1/5 weekly 145 puts and 1/12 weekly 140 calls, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 2.36, while ATM IV is up over 1 point on the day. Earnings are expected on March 11th.

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