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Dow Chemical put volume heavy and directionally bearish

Dow Chemical put volume heavy and directionally bearish

Bearish flow noted in Dow Chemical with 10,065 puts trading, or 3x expected. Most active are Aug-24 47.5 puts and Aug-24 52.5 puts, with total volume in those strikes near 7,800 contracts. The Put/Call Ratio is 1.59, while ATM IV is up over 1 point on the day. Earnings are expected on July 25th.

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