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Goodyear Tire put volume heavy and directionally bearish

Bearish flow noted in Goodyear Tire with 14,098 puts trading, or 10x expected. Most active are Aug-23 12 puts and Aug-23 13 puts, with total volume in those strikes near 12,700 contracts. The Put/Call Ratio is 17.40, while ATM IV is up nearly 2 points on the day. Earnings are expected on August 4th.

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