Bearish flow noted in Stem Inc with 8,177 puts trading, or 5x expected. Most active are 1/13 weekly 8 puts and 1/13 weekly 8.5 calls, with total volume in those strikes near 7,700 contracts. The Put/Call Ratio is 2.91, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 23rd.
Published first on TheFly
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