Bearish flow noted in Skyworks with 3,520 puts trading, or 1.5x expected. Most active are Jan-23 135 puts and Jan-23 155 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 7.30, while ATM IV is up over 1 point on the day. Earnings are expected on February 2nd.
Published first on TheFly
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