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Scotts Miracle-Gro put volume heavy and directionally bearish
The Fly

Scotts Miracle-Gro put volume heavy and directionally bearish

Bearish flow noted in Scotts Miracle-Gro with 1,219 puts trading, or 1.5x expected. Most active are Sep-23 55 puts and Aug-23 60 puts, with total volume in those strikes near 650 contracts. The Put/Call Ratio is 1.95, while ATM IV is up over 2 points on the day. Earnings are expected on August 2nd.

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