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Best Buy put volume heavy and directionally bearish
The Fly

Best Buy put volume heavy and directionally bearish

Bearish flow noted in Best Buy with 3,376 puts trading, or 1.3x expected. Most active are Jan-25 70 puts and Mar-24 50 puts, with total volume in those strikes near 2,100 contracts. The Put/Call Ratio is 3.76, while ATM IV is up over 1 point on the day. Earnings are expected on February 29th.

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