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XPeng put volume heavy and directionally bearish
The Fly

XPeng put volume heavy and directionally bearish

Bearish flow noted in XPeng with 14,744 puts trading, or 1.8x expected. Most active are 3/22 weekly 10 puts and Mar-24 10 puts, with total volume in those strikes near 11,100 contracts. The Put/Call Ratio is 1.69, while ATM IV is up over 1 point on the day. Earnings are expected on March 19th.

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