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Danaher put volume heavy and directionally bearish

Bearish flow noted in Danaher (DHR) with 2,115 puts trading, or 1.2x expected. Most active are 3/27 weekly 180 puts and 3/27 weekly 185 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 8.43, while ATM IV is up over 2 points on the day. Earnings are expected on April 21st.

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