Bearish flow noted in B Riley Financial with 6,326 puts trading, or 1.3x expected. Most active are 12/1 weekly 15 puts and 12/1 weekly 18 puts, with total volume in those strikes near 2,000 contracts. The Put/Call Ratio is 2.71, while ATM IV is up nearly 20 points on the day. Earnings are expected on February 28th.
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