Bearish flow noted in Quantumscape with 20,370 puts trading, or 5x expected. Most active are Feb-23 7.5 puts and 11/11 weekly 7 puts, with total volume in those strikes near 13,700 contracts. The Put/Call Ratio is 1.73, while ATM IV is up over 3 points on the day. Earnings are expected on February 15th.
Published first on TheFly
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