Bearish flow noted in Tempur Sealy with 6,147 puts trading, or 5x expected. Most active are Jul-24 45 puts and Jul-24 47.5 calls, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 1.54, while ATM IV is up over 5 points on the day. Earnings are expected on August 1st.
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