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Array Technologies put volume heavy and directionally bearish

Bearish flow noted in Array Technologies with 2,267 puts trading, or 1.5x expected. Most active are Apr-24 10 puts and Jan-25 25 calls, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 2.44, while ATM IV is up over 4 points on the day. Earnings are expected on May 7th.

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