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Beyond Meat put volume heavy and directionally bearish

Bearish flow noted in Beyond Meat with 5,224 puts trading, or 1.1x expected. Most active are Jan-25 5 puts and Jan-24 9 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 2.01, while ATM IV is up over 2 points on the day. Earnings are expected on February 22nd.

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