Bearish flow noted in Zillow with 4,585 puts trading, or 1.1x expected. Most active are 1/12 weekly 53 puts and 1/12 weekly 64 calls, with total volume in those strikes near 2,600 contracts. The Put/Call Ratio is 1.80, while ATM IV is up over 1 point on the day. Earnings are expected on February 14th.
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