Bearish flow noted in Astera Labs Inc with 1,076 puts trading, or 1.3x expected. Most active are Sep-24 35 puts and Aug-24 40 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 6.68, while ATM IV is up over 6 points on the day. Earnings are expected on August 6th.
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