Bearish flow noted in Zoom Video Communications with 11,078 puts trading, or 1.1x expected. Most active are Mar-23 75 puts and 1/6 weekly 68 puts, with total volume in those strikes near 9,200 contracts. The Put/Call Ratio is 3.41, while ATM IV is up over 2 points on the day. Earnings are expected on February 27th.
Published first on TheFly
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