Bearish flow noted in Weight Watchers with 1,697 puts trading, or 3x expected. Most active are Jan-24 7.5 puts and Jan-24 9.5 puts, with total volume in those strikes near 1,300 contracts. The Put/Call Ratio is 2.34, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 7th.
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