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Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific (BSX) with 8,404 puts trading, or 1.2x expected. Most active are Jul-26 60 puts and Jun-26 60 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 1.54, while ATM IV is up over 1 point on the day. Earnings are expected on July 22nd.

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