Bearish flow noted in Crexendo Inc with 3,652 puts trading, or 7x expected. Most active are Dec-24 95 puts and Jan-25 7 (nonstd EXE1) calls, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 8.10, while ATM IV is up over 1 point on the day. Earnings are expected on February 18th.
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