Bearish flow noted in Stem Inc with 8,020 puts trading, or 3x expected. Most active are Feb-23 9.5 puts and Feb-23 10 puts, with total volume in those strikes near 7,500 contracts. The Put/Call Ratio is 9.26, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 16th.
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Published first on TheFly
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