Bearish flow noted in Skyworks with 3,862 puts trading, or 1.2x expected. Most active are Jan-23 87.5 puts and Jan-23 95 calls, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 3.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 2nd.
Published first on TheFly
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