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Boston Scientific put volume heavy and directionally bearish

Bearish flow noted in Boston Scientific with 21,231 puts trading, or 27x expected. Most active are Apr-23 50 puts and May-23 50 puts, with total volume in those strikes near 14,300 contracts. The Put/Call Ratio is 6.23, while ATM IV is up over 4 points on the day. Earnings are expected on April 26th.

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