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Hut 8 Mining put volume heavy and directionally bearish

Bearish flow noted in Hut 8 Mining with 3,014 puts trading, or 2x expected. Most active are 3/22 weekly 7 puts and Mar-24 7.5 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 2.06, while ATM IV is up nearly 6 points on the day. Earnings are expected on March 14th.

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