Tuesday, 23 April 2024
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Fastly Inc put volume heavy and directionally bearish – TipRanks Financial Blog

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Bearish flow noted in Fastly Inc with 2,233 puts trading, or 3x expected. Most active are 4/5 weekly 12.5 puts and 4/5 weekly 13 calls, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 6.81, while ATM IV is up over 6 points on the day. Earnings are expected on May 1st.

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