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Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific (BSX) with 2,112 puts trading, or 1.9x expected. Most active are 1/24 weekly 91 puts and Jan-25 70 calls, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 4.68, while ATM IV is up over 1 point on the day. Earnings are expected on January 29th.

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