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Dollar General put volume heavy and directionally bearish

Bearish flow noted in Dollar General with 4,337 puts trading, or 2.0x expected. Most active are 8/30 weekly 110 puts and Jul-24 127 calls, with total volume in those strikes near 1,900 contracts. The Put/Call Ratio is 1.88, while ATM IV is up over 2 points on the day. Earnings are expected on August 29th.

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