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Goodyear Tire put volume heavy and directionally bearish

Bearish flow noted in Goodyear Tire with 2,759 puts trading, or 1.6x expected. Most active are 2/10 weekly 9 puts and Jan-24 10 puts, with total volume in those strikes near 940 contracts. The Put/Call Ratio is 1.86, while ATM IV is up over 1 point on the day. Earnings are expected on February 10th.

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Published first on TheFly

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