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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 4,299 puts trading, or 2x expected. Most active are Dec-24 40 puts and 1/3 weekly 45 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 5.12, while ATM IV is up over 1 point on the day. Earnings are expected on March 6th.

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