Bearish flow noted in Pinterest (PINS) with 13,987 puts trading, or 1.4x expected. Most active are Feb-25 27 puts and May-25 27 puts, with total volume in those strikes near 11,600 contracts. The Put/Call Ratio is 3.79, while ATM IV is up over 1 point on the day. Earnings are expected on February 6th.
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