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Array Technologies put volume heavy and directionally bearish

Bearish flow noted in Array Technologies with 1,246 puts trading, or 2.0x expected. Most active are Feb-24 12.5 puts and Mar-24 12.5 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 5.00, while ATM IV is up over 2 points on the day. Earnings are expected on February 29th.

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