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Bitdeer Technologies Group put volume heavy and directionally bearish

Bearish flow noted in Bitdeer (BTDR) Technologies Group with 12,455 puts trading, or 11x expected. Most active are 2/7 weekly 16 puts and 2/7 weekly 15.5 puts, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 3.79, while ATM IV is up nearly 9 points on the day. Earnings are expected on March 28th.

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