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TakeTwo Interactive Software put volume heavy and directionally bearish
The Fly

TakeTwo Interactive Software put volume heavy and directionally bearish

Bearish flow noted in TakeTwo Interactive Software with 1,871 puts trading, or 3x expected. Most active are 8/9 weekly 140 puts and 8/9 weekly 131 puts, with total volume in those strikes near 800 contracts. The Put/Call Ratio is 2.07, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 8th.

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