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Walgreen Boots put volume heavy and directionally bearish

Walgreen Boots put volume heavy and directionally bearish

Bearish flow noted in Walgreen Boots with 19,161 puts trading, or 4x expected. Most active are Jan-25 10 puts and 1/10 weekly 9.5 puts, with total volume in those strikes near 15,100 contracts. The Put/Call Ratio is 2.96, while ATM IV is up over 4 points on the day. Earnings are expected on January 10th.

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