Bearish flow noted in Seagate (STX) with 4,322 puts trading, or 1.9x expected. Most active are Jul-25 140 puts and Jul-25 145 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 1.70, while ATM IV is up over 1 point on the day. Earnings are expected on July 22nd.
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