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Carrier Global put volume heavy and directionally bearish

Carrier Global put volume heavy and directionally bearish

Bearish flow noted in Carrier Global with 2,694 puts trading, or 1.5x expected. Most active are Dec-23 52.5 puts and Jan-24 55 calls, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 7.32, while ATM IV is up over 1 point on the day. Earnings are expected on February 6th.

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