Bearish flow noted in Fastly Inc with 11,489 puts trading, or 17x expected. Most active are 2/10 weekly 10.5 puts and 2/10 weekly 11.5 calls, with total volume in those strikes near 11,300 contracts. The Put/Call Ratio is 10.20, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 15th.
Published first on TheFly
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