Bearish flow noted in B Riley Financial with 7,548 puts trading, or 1.4x expected. Most active are Dec-23 20 puts and Dec-23 17.5 puts, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 8.12, while ATM IV is up over 6 points on the day. Earnings are expected on February 28th.
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