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Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific with 4,559 puts trading, or 1.8x expected. Most active are Oct-24 83 puts and Jan-26 72.5 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 3.31, while ATM IV is up over 3 points on the day. Earnings are expected on October 23rd.

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