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Samsara put volume heavy and directionally bearish

Samsara put volume heavy and directionally bearish

Bearish flow noted in Samsara (IOT) with 3,653 puts trading, or 5x expected. Most active are 11/1 weekly 48 puts and Apr-25 37 puts, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 9.25, while ATM IV is up over 1 point on the day. Earnings are expected on December 5th.

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