Bearish flow noted in Stem Inc with 8,552 puts trading, or 4x expected. Most active are 1/13 weekly 7.5 puts and 1/13 weekly 9 puts, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 2.16, while ATM IV is up over 1 point on the day. Earnings are expected on February 23rd.
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Published first on TheFly
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