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Stem Inc put volume heavy and directionally bearish

Stem Inc put volume heavy and directionally bearish

Bearish flow noted in Stem Inc with 2,646 puts trading, or 3x expected. Most active are Jan-24 5 puts and Dec-23 7.5 calls, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 1.89, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 2nd.

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