Bearish flow noted in Affirm Holdings with 28,372 puts trading, or 3x expected. Most active are Jan-23 12 puts and 1/27 weekly 12 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 2.61, while ATM IV is up over 2 points on the day. Earnings are expected on February 8th.
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Published first on TheFly
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