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Applied Optoelectronics put volume heavy and directionally bearish
The Fly

Applied Optoelectronics put volume heavy and directionally bearish

Bearish flow noted in Applied Optoelectronics (AAOI) with 3,288 puts trading, or 13x expected. Most active are Feb-25 22.5 puts and Feb-25 20 puts, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 1.98, while ATM IV is up nearly 24 points on the day. Earnings are expected on February 26th.

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