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Aehr Test Systems put volume heavy and directionally bearish

Bearish flow noted in Aehr Test Systems with 1,579 puts trading, or 1.3x expected. Most active are Feb-23 22.5 puts and Feb-23 25 puts, with total volume in those strikes near 990 contracts. The Put/Call Ratio is 1.97, while ATM IV is up over 3 points on the day. Earnings are expected on March 30th.

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Published first on TheFly

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