Bearish flow noted in Samsara (IOT) with 17,513 puts trading, or 15x expected. Most active are 1/3 weekly 45 puts and Dec-24 48 puts, with total volume in those strikes near 12,900 contracts. The Put/Call Ratio is 56.13, while ATM IV is up over 2 points on the day. Earnings are expected on March 6th.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
