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SunPower put volume heavy and directionally bearish

Bearish flow noted in SunPower with 7,292 puts trading, or 6x expected. Most active are Dec-23 4 puts and Dec-23 4.5 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 8.00, while ATM IV is up over 1 point on the day. Earnings are expected on February 14th.

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