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Home Depot put volume heavy and directionally bearish

Bearish flow noted in Home Depot with 6,076 puts trading, or 1.6x expected. Most active are 9/8 weekly 330 puts and 9/8 weekly 327.5 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 1.51, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 14th.

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