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Shaw Communications put volume heavy and directionally bearish

Shaw Communications put volume heavy and directionally bearish

Bearish flow noted in Shaw Communications with 1,590 puts trading, or 1.1x expected. Most active are Feb-23 17.5 puts and Feb-23 25 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 398, while ATM IV is up over 2 points on the day. Earnings are expected on April 12th.

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