Bearish flow in Reddit as shares slide 12%. eddit Inc (RDDT) is down 12.42% to $109.97, with heavy trading volume as shares decline. Options activity is strong, on track for 88K contracts, with a put/call ratio of 0.97, above its historical average. Implied volatility (IV30) is elevated at 87.21%, signaling an expected daily range of ?$6.04. Put skew has steepened further, ranking among the highest 10% of observations over the past year.
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