Bearish flow noted in United Microelectronics with 3,029 puts trading, or 1.6x expected. Most active are Feb-24 8 puts and Apr-24 9 puts, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 14.15, while ATM IV is up over 1 point on the day. Earnings are expected on January 31st.
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