Bearish flow noted in Futu Holdings (FUTU) with 1,901 puts trading, or 1.1x expected. Most active are 3/28 weekly 90 puts and 3/7 weekly 95 puts, with total volume in those strikes near 560 contracts. The Put/Call Ratio is 1.69, while ATM IV is up nearly 3 points on the day. Earnings are expected on March 13th.
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