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B Riley Financial put volume heavy and directionally bearish
The Fly

B Riley Financial put volume heavy and directionally bearish

Bearish flow noted in B Riley Financial with 7,084 puts trading, or 1.8x expected. Most active are Feb-24 25 calls and Apr-24 5 puts, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 1.60, while ATM IV is up nearly 8 points on the day. Earnings are expected on February 28th.

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