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Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific (BSX) with 1,475 puts trading, or 1.3x expected. Most active are Dec-25 96 puts and Dec-25 100 calls, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 1.86, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 4th.

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