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DuPont de Nemours put volume heavy and directionally bearish

Bearish flow noted in DuPont (DD) de Nemours with 2,093 puts trading, or 1.2x expected. Most active are May-25 65 puts and 5/9 weekly 67 calls, with total volume in those strikes near 1,700 contracts. The Put/Call Ratio is 2.33, while ATM IV is up over 2 points on the day. Earnings are expected on August 6th.

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