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Walgreen Boots put volume heavy and directionally bearish

Walgreen Boots put volume heavy and directionally bearish

Bearish flow noted in Walgreen Boots with 7,262 puts trading, or 1.6x expected. Most active are 3/14 weekly 11 puts and Mar-25 11 puts, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 2.07, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 8th.

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