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Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific with 4,037 puts trading, or 6x expected. Most active are Jan-23 44 puts and Jan-23 47 calls, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 4.60, while ATM IV is up over 1 point on the day. Earnings are expected on February 1st.

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