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Canadian Solar put volume heavy and directionally bearish
The Fly

Canadian Solar put volume heavy and directionally bearish

Bearish flow noted in Canadian Solar with 2,341 puts trading, or 1.8x expected. Most active are 3/1 weekly 23 puts and Mar-24 21 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 1.67, while ATM IV is up over 1 point on the day. Earnings are expected on March 14th.

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