Bearish flow noted in Bitdeer (BTDR) Technologies Group with 4,788 puts trading, or 2x expected. Most active are Jan-26 7.5 puts and Mar-25 13.5 calls, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 1.95, while ATM IV is up over 1 point on the day. Earnings are expected on May 6th.
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