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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 1,238 puts trading, or 1.2x expected. Most active are Jun-24 35 puts and Jul-24 32.5 puts, with total volume in those strikes near 820 contracts. The Put/Call Ratio is 2.48, while ATM IV is up over 1 point on the day. Earnings are expected on August 6th.

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