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Samsara put volume heavy and directionally bearish
The Fly

Samsara put volume heavy and directionally bearish

Bearish flow noted in Samsara (IOT) with 1,179 puts trading, or 2x expected. Most active are 11/8 weekly 47 puts and 10/25 weekly 47 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.82, while ATM IV is up over 1 point on the day. Earnings are expected on December 5th.

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