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Colgate Palmolive put volume heavy and directionally bearish

Bearish flow noted in Colgate Palmolive with 1,369 puts trading, or 1.2x expected. Most active are 3/14 weekly 95 puts and 3/28 weekly 91 puts, with total volume in those strikes near 730 contracts. The Put/Call Ratio is 1.80, while ATM IV is up over 1 point on the day. Earnings are expected on April 25th.

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