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Eaton put volume heavy and directionally bearish
The Fly

Eaton put volume heavy and directionally bearish

Bearish flow noted in Eaton with 1,529 puts trading, or 1.7x expected. Most active are Jul-24 300 puts and Jul-24 320 calls, with total volume in those strikes near 970 contracts. The Put/Call Ratio is 1.53, while ATM IV is up nearly 3 points on the day. Earnings are expected on July 30th.

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