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GEO Group put volume heavy and directionally bearish
The Fly

GEO Group put volume heavy and directionally bearish

Bearish flow noted in GEO Group with 3,259 puts trading, or 4x expected. Most active are Aug-24 16 puts and 8/2 weekly 15 calls, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.02, while ATM IV is up over 3 points on the day. Earnings are expected on August 7th.

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