Bearish flow noted in Futu Holdings with 2,506 puts trading, or 1.1x expected. Most active are Jun-23 30 puts and Dec-22 48.5 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 1.57, while ATM IV is up over 3 points on the day. Earnings are expected on March 9th.
Published first on TheFly
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