Bearish flow noted in Tal Education Group with 1,142 puts trading, or 1.5x expected. Most active are Jan-24 9 puts and Dec-23 9 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.58, while ATM IV is up nearly 2 points on the day. Earnings are expected on January 23rd.
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