Dutch Bros put volume heavy and directionally bearish
The Fly

Dutch Bros put volume heavy and directionally bearish

Bearish flow noted in Dutch Bros with 4,191 puts trading, or 3x expected. Most active are 12/8 weekly 28 puts and 12/8 weekly 29 calls, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 2.06, while ATM IV is up over 1 point on the day. Earnings are expected on February 21st.

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