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Groupon put volume heavy and directionally bearish
The Fly

Groupon put volume heavy and directionally bearish

Bearish flow noted in Groupon with 2,130 puts trading, or 3x expected. Most active are 7/12 weekly 14 puts and Aug-24 13 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 2.67, while ATM IV is up over 17 points on the day. Earnings are expected on August 8th.

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