Bearish flow noted in Dollar Tree with 2,621 puts trading, or 1.5x expected. Most active are 7/26 weekly 103 puts and 8/2 weekly 100 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 2.54, while ATM IV is up over 2 points on the day. Earnings are expected on August 22nd.
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