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Humana put volume heavy and directionally bearish
The Fly

Humana put volume heavy and directionally bearish

Bearish flow noted in Humana (HUM) with 32,655 puts trading, or 7x expected. Most active are 11/8 weekly 190 puts and 11/8 weekly 230 puts, with total volume in those strikes near 30,900 contracts. The Put/Call Ratio is 23.36, while ATM IV is up over 2 points on the day. Earnings are expected on January 23rd.

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