Bearish flow noted in Unity Software with 5,737 puts trading, or 1.7x expected. Most active are 1/27 weekly 32.5 puts and 1/27 weekly 32 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 1.57, while ATM IV is up over 4 points on the day. Earnings are expected on February 22nd.
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