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Dow Chemical put volume heavy and directionally bearish

Dow Chemical put volume heavy and directionally bearish

Bearish flow noted in Dow Chemical with 5,808 puts trading, or 1.4x expected. Most active are Mar-25 36 puts and 3/14 weekly 39.5 calls, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 1.59, while ATM IV is up nearly 3 points on the day. Earnings are expected on April 24th.

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