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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 8,556 puts trading, or 1.2x expected. Most active are 1/3 weekly 39 puts and Mar-25 40 puts, with total volume in those strikes near 6,300 contracts. The Put/Call Ratio is 3.21, while ATM IV is up over 1 point on the day. Earnings are expected on January 30th.

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