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Huntsman put volume heavy and directionally bearish

Bearish flow noted in Huntsman (HUN) with 21,619 puts trading, or 24x expected. Most active are Mar-26 11 puts and May-26 9 calls, with total volume in those strikes near 22,100 contracts. The Put/Call Ratio is 7.35, while ATM IV is up nearly 8 points on the day. Earnings are expected on February 17th.

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