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Boston Scientific put volume heavy and directionally bearish

Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific (BSX) with 3,259 puts trading, or 1.6x expected. Most active are 3/28 weekly 100 puts and 4/4 weekly 101 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 11.48, while ATM IV is up over 1 point on the day. Earnings are expected on April 30th.

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