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Beyond Inc put volume heavy and directionally bearish

Beyond Inc put volume heavy and directionally bearish

Bearish flow noted in Beyond (BYON) Inc with 3,642 puts trading, or 7x expected. Most active are 2/28 weekly 7.5 puts and 2/28 weekly 7 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 2.11, while ATM IV is up nearly 4 points on the day. Earnings are expected on February 24th.

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