Bearish flow noted in UiPath with 9,341 puts trading, or 16x expected. Most active are Sep-23 15 puts and 8/25 weekly 15 puts, with total volume in those strikes near 6,100 contracts. The Put/Call Ratio is 2.77, while ATM IV is up nearly 4 points on the day. Earnings are expected on September 6th.
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