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Walgreen Boots put volume heavy and directionally bearish

Bearish flow noted in Walgreen Boots with 9,467 puts trading, or 3x expected. Most active are Oct-25 11 puts and Dec-25 12 puts, with total volume in those strikes near 8,700 contracts. The Put/Call Ratio is 4.15, while ATM IV is up over 1 point on the day. Earnings are expected on October 14th.

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