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Intuitive Surgical put volume heavy and directionally bearish

Intuitive Surgical put volume heavy and directionally bearish

Bearish flow noted in Intuitive Surgical with 1,791 puts trading, or 3x expected. Most active are Oct-24 240 puts and 9/27 weekly 470 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 9.63, while ATM IV is up over 1 point on the day. Earnings are expected on October 17th.

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