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Array Technologies put volume heavy and directionally bearish

Bearish flow noted in Array Technologies with 1,560 puts trading, or 5x expected. Most active are Mar-23 20 puts and Mar-23 17.5 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 15.60, while ATM IV is up over 2 points on the day. Earnings are expected on March 1st.

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Published first on TheFly

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