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Doximity put volume heavy and directionally bearish

Doximity put volume heavy and directionally bearish

Bearish flow noted in Doximity (DOCS) with 1,797 puts trading, or 1.2x expected. Most active are Mar-25 65 puts and Mar-25 70 puts, with total volume in those strikes near 890 contracts. The Put/Call Ratio is 2.54, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 15th.

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