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Marqeta put volume heavy and directionally bearish
The Fly

Marqeta put volume heavy and directionally bearish

Bearish flow noted in Marqeta with 1,646 puts trading, or 1.0x expected. Most active are Mar-24 7 puts and Mar-24 6 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 8.57, while ATM IV is up over 1 point on the day. Earnings are expected on February 28th.

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