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GEO Group put volume heavy and directionally bearish

Bearish flow noted in GEO Group with 1,002 puts trading, or 3x expected. Most active are Jun-24 7 puts and Jan-24 11 calls, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 2.43, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 13th.

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