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Dollar General put volume heavy and directionally bearish

Bearish flow noted in Dollar General with 4,593 puts trading, or 1.3x expected. Most active are Aug-24 115 puts and Aug-24 120 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 2.15, while ATM IV is up over 1 point on the day. Earnings are expected on August 29th.

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