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Amentum Holdings LLC put volume heavy and directionally bearish

Bearish flow noted in Amentum (AMTM) Holdings LLC with 9,851 puts trading, or 6x expected. Most active are Feb-25 20 puts and Feb-25 17.5 puts, with total volume in those strikes near 9,600 contracts. The Put/Call Ratio is 8.85, while ATM IV is up over 1 point on the day. Earnings are expected on February 4th.

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