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Perrigo put volume heavy and directionally bearish
The Fly

Perrigo put volume heavy and directionally bearish

Bearish flow noted in Perrigo with 3,331 puts trading, or 102x expected. Most active are Nov-23 25 puts and Dec-23 25 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 95.17, while ATM IV is up nearly 12 points on the day. Earnings are expected on November 7th.

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