Bearish flow noted in Dollar Tree with 1,147 puts trading, or 1.3x expected. Most active are 7/28 weekly 128 puts and 8/25 weekly 155 calls, with total volume in those strikes near 910 contracts. The Put/Call Ratio is 2.24, while ATM IV is up over 1 point on the day. Earnings are expected on August 24th.
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