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Dow Chemical put volume heavy and directionally bearish
The Fly

Dow Chemical put volume heavy and directionally bearish

Bearish flow noted in Dow Chemical with 5,045 puts trading, or 1.5x expected. Most active are 10/11 weekly 55 calls and Jan-26 40 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 1.66, while ATM IV is up over 1 point on the day. Earnings are expected on October 24th.

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