Bearish flow noted in Stem Inc with 4,717 puts trading, or 4x expected. Most active are Dec-22 11 puts and Jan-23 10 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 4.95, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 23rd.
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Published first on TheFly
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