Bearish flow noted in Seagate with 1,689 puts trading, or 1.6x expected. Most active are 3/22 weekly 89 puts and 4/5 weekly 87 puts, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 4.78, while ATM IV is up over 1 point on the day. Earnings are expected on April 18th.
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