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Dish Network put volume heavy and directionally bearish
The Fly

Dish Network put volume heavy and directionally bearish

Bearish flow noted in Dish Network with 8,064 puts trading, or 1.1x expected. Most active are Dec-25 7.5 puts and Jan-24 27.5 calls, with total volume in those strikes near 6,000 contracts. The Put/Call Ratio is 3.15, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 4th.

Published first on TheFly

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