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Humana put volume heavy and directionally bearish
The Fly

Humana put volume heavy and directionally bearish

Bearish flow noted in Humana with 2,921 puts trading, or 1.3x expected. Most active are Aug-23 410 puts and Sep-23 390 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 1.58, while ATM IV is up over 1 point on the day. Earnings are expected on August 2nd.

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