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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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