Colgate Palmolive put volume heavy and directionally bearish

Bearish flow noted in Colgate Palmolive with 58,401 puts trading, or 43x expected. Most active are Jun-24 60 puts and May-24 60 puts, with total volume in those strikes near 57,100 contracts. The Put/Call Ratio is 93.74, while ATM IV is up over 1 point on the day. Earnings are expected on October 27th.

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