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SolarEdge put volume heavy and directionally bearish

Bearish flow noted in SolarEdge with 4,004 puts trading, or 5x expected. Most active are Mar-23 270 puts and Mar-23 180 puts, with total volume in those strikes near 960 contracts. The Put/Call Ratio is 1.51, while ATM IV is up nearly 4 points on the day. Earnings are expected on May 1st.

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Published first on TheFly

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