Bearish flow noted in iRobot with 3,147 puts trading, or 4x expected. Most active are Aug-23 22.5 puts and Jan-24 60 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 1.63, while ATM IV is up over 2 points on the day. Earnings are expected on August 4th.
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Published first on TheFly
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