Bearish flow noted in Stem Inc with 5,289 puts trading, or 5x expected. Most active are Jan-23 10 puts and 2/3 weekly 12 calls, with total volume in those strikes near 5,200 contracts. The Put/Call Ratio is 4.12, while ATM IV is up over 2 points on the day. Earnings are expected on February 16th.
Published first on TheFly
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