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Globe Life put volume heavy and directionally bearish

Globe Life put volume heavy and directionally bearish

Bearish flow noted in Globe Life with 2,457 puts trading, or 1.6x expected. Most active are Jun-24 76.5 puts and Jun-24 78.5 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 4.48, while ATM IV is up over 2 points on the day. Earnings are expected on July 31st.

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