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Colgate Palmolive put volume heavy and directionally bearish
The Fly

Colgate Palmolive put volume heavy and directionally bearish

Bearish flow noted in Colgate Palmolive with 7,163 puts trading, or 3x expected. Most active are Nov-23 60 puts and Jan-24 60 puts, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 10.47, while ATM IV is up nearly 2 points on the day. Earnings are expected on October 27th.

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