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Aspen Aerogels put volume heavy and directionally bearish

Bearish flow noted in Aspen Aerogels (ASPN) with 1,633 puts trading, or 4x expected. Most active are Dec-24 14 puts and 12/6 weekly 15 puts, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 4.16, while ATM IV is up nearly 6 points on the day. Earnings are expected on February 10th.

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