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Bitdeer Technologies Group put volume heavy and directionally bearish

Bearish flow noted in Bitdeer (BTDR) Technologies Group with 4,871 puts trading, or 3x expected. Most active are Jan-26 7.5 puts and Apr-25 10 puts, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 7.22, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 6th.

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