Bearish flow noted in Stem Inc with 1,834 puts trading, or 1.6x expected. Most active are Jan-23 9.5 puts and 12/23 weekly 9 puts, with total volume in those strikes near 1,100 contracts. The Put/Call Ratio is 1.86, while ATM IV is up over 1 point on the day. Earnings are expected on February 23rd.
Published first on TheFly
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