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Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific with 8,883 puts trading, or 2x expected. Most active are 8/30 weekly 79 puts and Nov-24 65 puts, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 14.51, while ATM IV is up over 1 point on the day. Earnings are expected on October 23rd.

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