MercadoLibre put volume heavy and directionally bearish
The Fly

MercadoLibre put volume heavy and directionally bearish

Bearish flow noted in MercadoLibre with 1,713 puts trading, or 1.4x expected. Most active are 12/29 weekly 1590 puts and Mar-24 1500 calls, with total volume in those strikes near 290 contracts. The Put/Call Ratio is 1.54, while ATM IV is up nearly 2 points on the day. Earnings are expected on February 22nd.

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