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Dollar Tree put volume heavy and directionally bearish

Bearish flow noted in Dollar Tree with 47,371 puts trading, or 1.0x expected. Most active are Jan-25 120 puts and Jan-25 130 puts, with total volume in those strikes near 39,600 contracts. The Put/Call Ratio is 5.83, while ATM IV is up over 5 points on the day. Earnings are expected on November 27th.

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